A1M: General Comments, page-121

On Livewire - buy/hold/sell. Both Eley Griffiths Group's Tim Serjeant and Tribeca Investment Partners' Todd Warren f\rated A1M a buy - they have SFR and AIS as a hold or sell.

AIC Mines (ASX: A1M)

Grady Wulff: And the next one is AIC Mines. Smaller market cap, $189 million. And it recently announced a significant increase in mineral resources and ore reserves at its Eloise Copper Mine. Buy, hold, or a sell for you, Todd?

Todd Warren (BUY): It's a buy. So a shift of theme there. We like it. We think the management team there have got a history from Evolution (ASX: EVN). They built Evolution through M&A, and they're doing much the same thing with AIC. And with Eloise, obviously, in production, so they've got some cash flows and they've got a chance to consolidate that area of Queensland where they're starting to produce already, so we like it.

Grady Wulff: Tim, buy, hold, or sell? Shares are down 5% over the last 12 months, does that tempt you in any way?

Tim Serjeant (BUY): Agree with Todd, I think it's a buy. You touched on Aaron Colleran and his track record at Evolution, the chairman as well, Josef El-Raghy was pivotal in building sentiment in Egypt, with the Sukari Mine. So the track record there of building and developing and growing bigger companies is the thing that attracts us. And that's right, as Todd mentioned, I think you're not necessarily there for what Eloise and Jericho can bring from a copper output perspective. That's attractive and there's value there, but it's what it could be.