A1M 0.73% 34.5¢ aic mines limited

Ann: Investor Presentation, page-16

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 476 Posts.
    lightbulb Created with Sketch. 400
    I've seen many presentations of co's before, but this is one that stands out among ten others, realy outstanding!
    I'm so impressed by Aaron Colleran's performances, that I have no choice but to sell other stocks to increase my share here.

    - exploration success: discovered the high grade lens 6 deposit,
    now 1.2 million tons grading 3.1 % copper and 8 g gold per ton
    - we underwrite a 20-year project life at Eloise, this is producing cash as well as copper, it has produced positive cash flow every quarter this financial year
    - on track to exceed full year production target of 12,500 tons of copper and 5,000 ounces of gold
    - all-in-costs, not only C1, for copper A$ 11,470, whereas most of the past 12 months copper has been trading at A$ 12,500 a ton, so delivering a A$ 1,000 margin; this equates to net mine cash flow of A$ 12.5 million
    - remember from 2 days old preso copper price was A$ 14,800 a ton, delivering a margin of A$ 3,330 a ton, so more than tripling aisc margin and increasing net mine cash flow to 41.6 million;
    astonishing and highlighting our leverage to the copper price
    - Aaron said in preso 12 months before sp was 37c, 2 days before sp was 48c, so good return of around 30 %, but in comparison to that timeframe our all-in-cost margin is up 220 %
    - Aaron's conclusion literally: Our share price has a lot of catching up to do !!

    I truly and completely agree with Aaron's conclusion and that's why I have no choice but to sell other stocks as I noted above.
 
watchlist Created with Sketch. Add A1M (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.