AVM advance metals limited
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where is this quartely report??, page-5

  1. miningnut
    11,389 Posts.
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    29/07/05
    16:28
    Post #: 1057145
    Might well report a small quarterly profit but it'll be principally due to price upgrades rec'd from March qtr production.
    They have to guess what prices they'll receive for their copper & silver as they get paid M+3 - so the final price they received for their copper production for the month of March is the average LME 3month price in June.
    And the final price they get for June production will be the average LME 3month price in Sept.
    AVM Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.8¢ 		Change
0.002(3.26%) 		Mkt cap ! $12.58M
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