AVM 11.5% 2.9¢ advance metals limited

questions??, page-11

  1. 10,478 Posts.
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    Only two weeks to wait now until most of the questions are answered.
    It'll be interesting to see if they provide us with an estimate of the Dec qtr's profit this month.
    As Dec is the end of their financial year, we won't get quarterly financial statements as such but will get the annual result/financials towards the end of Feb - I'd be surprised if the Directors didn't highlight what the last quarter result is at this stage if not beforehand.
    The quarterly activities/production report at the end of this month should provide us with a lot of clues towards estimating the financial result.
    The Directors may be under an obligation as per ASX rules to update the market ASAP of the profit result as it'll exceed the previous year by more than 15%.
    Confidence continues to grow here & patiently waiting for the inevitable pop in the sp shortly.
 
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