AVM advance metals limited

Probabilities:1) New loan agreement with RMB raising some $10mil...

  1. 11,390 Posts.
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    Probabilities:
    1) New loan agreement with RMB raising some $10mil - money that's definitely needed considering the current repayment schedules to RMB & Gecamines and the heavy exploration & development expenditure.
    2) Second ball mill to be on-line this month at Dikulushi - making it possible to start earning $5mil/qtr as from July.
    Possibilities:
    1) Good drilling results,particularly from Mutoshi cobalt project.
    2) Small placement if the RMB loan doesn't come thru in time.
    Long Shot:
    1) Philippines gold project details/agreement.
 
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(20min delay)
Last
4.8¢
Change
0.002(4.35%)
Mkt cap ! $12.72M
Open High Low Value Volume
4.7¢ 4.8¢ 4.7¢ $54.66K 1.161M

Buyers (Bids)

No. Vol. Price($)
1 847836 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 345552 4
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Last trade - 14.23pm 24/06/2025 (20 minute delay) ?
AVM (ASX) Chart
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