I have been researching AMI and have a potentially stupid question to ask that I haven't really seen addressed on the forum (as far as I can tell anyway).
What you do believe will be the change in market perception as AMI closes Dargues and opens Federation? The biggest change that I can see (apart from mine life) is that AMI goes from being a predominant Au producer to a predominant Zn producer.
My unsophisticated impression is that gold miners trade at a premium compared to base metals miners. Is it reasonable to expect AMI to trade on a lower multiple all else equal as a Zn mine rather than an Au mine (ingnoring the mine life complication)?
AMI Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held
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