Today will be interesting. On one hand with AUD gold at a record high and the new contractor work force in at Peak even a modest quarter of 25,000 ounces at $1,100 AUD bodes well for AMI. Should they pull a decent quarter like they did last year of say 25,000 ounce at combined AISC of sub $800 the share price will look a gift at current levels.
If we get sold down to sub 50 il be buying a few more but would be surprised if this happened.
Unless of course something has gone a miss and us mushrooms have been kept in the dark.
With tech getting hammered again last night and gold rallying again we maybe about to see a market wide sentiment shift away from crap trading on 100x multiples of projected earnings back to cash backed and cash generating quality like AMI and RMS.
$1900 AUD Gold
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Last
17.5¢ |
Change
0.010(6.06%) |
Mkt cap ! $296.0M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.0¢ | 16.5¢ | $387.2K | 2.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 610175 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 59168 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AMI (ASX) Chart |