Just a small point for DYOR, net cash as of 31 Mar 2022 A$39M down from Dec Q $52.6M reference page 12 of the March qtly...even though the footnote states 'Net cash of A$39.9 is equal to cash on hand of A$80.7M...etc', NET cash is what it is. Unless someone who is an accounting guru can explain. I know accounting requirements have changed in the last couple of years regarding how lease cost are reported, anyway this doesn't alter the reference to net cash in the report. I'm probably nit picking as, if u left the net out of the cash balance u may be right about the 90 million. It'd be fantastic if the present A$80.7M was net cash & growing each qtr!!! Another note AISC will increase as base metals weaken (Cu,Zn,Pb), which is the case atm probably another excuse 4 the bottom line being affected nxt qtr. I'm a frustrated holder (who has lightened the load at a small profit) & u maybe right this last week may have been a great time to average down if u bought on the highs of the past couple of months, but u will need patience & intestinal fortitude to make a quid form this one. JMHO
AMI Price at posting:
39.0¢ Sentiment: Hold Disclosure: Held
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