This is the first time in a while that a few green shoots are appearing in a qtrly update.
Andrew Graham clearly came in just in the nic of time aswell, as his quick decision to switch direction at Hera (and shutdown clearly) looks to have steered AMI away from a Xmas day cash balance iceberg! As per the preso, cash was very tight in November (I bet the bankers were bashing the down down then) but Andrew and board held their nerve, announced the change of direction and cashflow is on the improve again... and this has continued at least for the beginning of 2023 with that $10mil tax refund now banked. I think after the market has a read through all the details the SP will continue it's slow climb out of this current 'self-dug' pit. A couple of snippets below.
AMI Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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