AVM 0.00% 2.9¢ advance metals limited

very strange, page-9

  1. 118 Posts.
    Mnut, thx for this importing information, reveiling the
    scope of this claim israther limited.

    Its is really beyond me why Bill is such ignorant not to
    included this two little sentences in the report.
    Also he could have done a much better job in
    "explaining" the shortcomming in reported quarterly
    profits (i.e. deferred profit coz of high inventory levels).
    That said i wonder why Bill is such suprised about the
    shareprice...

    Some remarks to the points Flats raised.
    Bill said in the CC high inventory levels are caused by
    lack of availibilty of trucks.
    FM is implementing their own refinery capacity, they
    do not use third party smelters. Some zambian smelters
    are increasing there smelter capacity and with shortcomings in their mining output i do see here not such kind of lack of capacity as you do.

    DRC perception has improved recently i believe, specially
    PD`s decision to go ahead with Tenke should greatly boost investors awareness specially in the north
    american markets, same applies to Adastra big Kolwesi
    project moving forward.
 
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