AVM advance metals limited

re: a break through? New broker presentation on website today...

  1. 11,398 Posts.
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    re: a break through? New broker presentation on website today under 'Latest News' would suggest the current shareprice is cheap as chips presently.
    One of the slides says they'll be increasing the resource base by 4 times before the end of the year and that the two new starter projects(with Gecamines)will produce a comined 25,000 tonnes per annum of copper(in concentrate) within 18 months and that will be expanded to 25,000 tonnes per annum of copper cathode for each within 2-3yrs and then further expanded to 40,000 tonnes per annum of copper cathode for each within 4-5yrs.
    Initial CapEx for the two new projects will be relatively low.
    Only negative is that the silver to be produced from Stage11 has mysteriously dropped from 1.8mil ozs pa down to 1.6mil - sounds like the silver recoveries are not measuring up to the expected 92% from the ball mill.
 
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(20min delay)
Last
4.7¢
Change
-0.002(4.08%)
Mkt cap ! $12.45M
Open High Low Value Volume
4.8¢ 4.9¢ 4.7¢ $78.91K 1.662M

Buyers (Bids)

No. Vol. Price($)
2 185506 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 25000 1
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Last trade - 15.53pm 26/06/2025 (20 minute delay) ?
AVM (ASX) Chart
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