A1M 0.73% 34.5¢ aic mines limited

Ann: Eloise 1070L Drilling Results, page-3

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  1. 120 Posts.
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    Very pleasant morning.

    AISC last quarter; AUD $5.18.
    Current Copper price; AUD $7.41. Margin $2.23.
    On target to produce 29,000lbs of Copper annually, currently.
    Current annualized profit, forward; 29,000 x 2.23 = $64,670,000 (Million).

    As Lanyon (David P) said recently, this is looking very cheap.
 
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