AVM 11.5% 2.9¢ advance metals limited

the last of the bad news..

  1. 10,479 Posts.
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    has now been revealed in the quarterly accounts released tonight showing they only made $353k and warning that October production was ordinary due to the rebel activity and with the new excavators and ancillary equipment not arriving until some time during that month and the old equipment either had been returned to the contractor's liquidator or it was in a state of disrepair - sounds like they used picks and shovels to get the ore out of the ground-so they would have lost the $353k in Oct.
    So we start off November from a break-even position and should earn US$14mil in the next eight months based on BT's conservative production profile for StageII.
    With all this bad news out of the way,it's now time to let the good news flow - so please let us have the first of the Gecamine acquisition announcements - sometime this week would be fine.
































































    Now that all the possible bad news is out of the way it's now time to let the good news flow - Gecamine acquisition announcement please!
 
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