I respect your opinion but I don’t agree. I think GC did come out with a black and a bloody nose to boot. The way I see it, a winner of a fight doesn’t agree to an interest free period of 2 years and extend the repayment dates out by 4 years plus chip in more cash in exchange for an extra board seat and some production benchmarks
Even at the low grades milled this last quarter AMI effectively produced a positive cashflow of $4-5m. At this rate, they would almost have all the cash to repay GC by 2020 and if they were short $20m or so they could borrow or raise it.
I note your concerns but to me the current set of facts tell me a different story and I’m very relaxed about the future of this company. Truth be known, if I wasn’t committed elsewhere I’d be buying a stack more
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $296.0M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 17.0¢ | $217.9K | 1.253M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 272605 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 45710 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 207605 | 0.170 |
11 | 935355 | 0.165 |
10 | 459871 | 0.160 |
5 | 335260 | 0.155 |
9 | 774968 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 45710 | 2 |
0.180 | 948983 | 13 |
0.185 | 723348 | 14 |
0.190 | 1189919 | 7 |
0.195 | 291806 | 4 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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