AVM advance metals limited

Yes it hasn't produced a decent profit as yet - the last decent...

  1. 11,390 Posts.
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    Yes it hasn't produced a decent profit as yet - the last decent operational qtr was Sep03 - Dikulushi will start earning profits of $2mil/month as from next month but we need to actually see it to believe it.
    Dilution is playing a big part with the sp at the moment - lots of shares/warrants issued last Dec - up to 10mil+more shares(100mil+ CDI's) issue coming this week for SXEW facility - then how do we finance the CapEx(up to $30mil)for the second starter project at Kinsevere?
    The market hates uncertainty - nobody will buy until the announcement is made and the detailed plans released for the near future.
    I'm sure we don't have long to wait.
 
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(20min delay)
Last
4.7¢
Change
0.001(2.17%)
Mkt cap ! $12.45M
Open High Low Value Volume
4.7¢ 4.8¢ 4.7¢ $72.12K 1.532M

Buyers (Bids)

No. Vol. Price($)
2 505414 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 130000 1
View Market Depth
Last trade - 15.49pm 24/06/2025 (20 minute delay) ?
AVM (ASX) Chart
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