Having access to Macy North established gives a great advantage as the trucking distance is cut to almost 1/3. 12.X KM cut down to 4.X kms. Further to this, they are predicting 49% in Second half FY23 to come from Macy North. Also higher grade copper will come out from there. The graph of Dec 2022 is telling as they had literally nothing from Macy North.
Work on Jericho and this time next year we may be looking at 2.5X current production. Cash at bank of almost 20 Mil helps with all the ramp up. Looks like a great amount of progress has been made while also gobbling up DRM and managing all the drama around it. Good work A1M.
A1M Price at posting:
53.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)