CR - management have pretty much ruled out this happening for swagman/jericho. They have said that there is strong intetest from debt funders. And while they wait for swagman drilling results (and delayed govt approval) to see if they change mining approach and go underground to swagman from eloise, I believe this will also give A1M time to begin building cash and assess whether cash flows/increased copper prices will support self funding. Quite a possible scenario as they begin to take advantage of rising copper prices this quarter.
So many positives with A1M at the moment
A1M: General Comments, page-463
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45.5¢ |
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Mkt cap ! $259.7M | |||
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