AVM 4.35% 2.2¢ advance metals limited

...Obtuse, Dim, Naive, Stupid, ... there are many words that...

  1. 142 Posts.
    ...Obtuse, Dim, Naive, Stupid, ... there are many words that could be used to descibe the recent events surrounding AVM and the suspension it received from the ASX for failing to submit a Qtly report within the required timeframe but perhaps the best choice is: "amateurish /am-uh-tuh-rish/ adj. unskilful; inexperienced". This truly sums up the embarrassing performance displayed by AVM's management in recent times.

    Their stubborn unwillingness to inform the market about problems (e.g.the excess overburden material); their inexperience and naivety during the Kilwa incident; their inability to prepare a Qtly report on time; the list goes.

    The next time someone asks: "why is AVM undervalued?", they would do well to consider that while AVM has enormous potential it is managed by amateurs who have little or no experience in running a company and those who do have experience are obviously inept.

    Stupid pr!cks!
 
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