A1M 1.67% 59.0¢ aic mines limited

Hi Mako4, You are absolutely right about the c3% number as a...

  1. 109 Posts.
    lightbulb Created with Sketch. 89
    Hi Mako4, You are absolutely right about the c3% number as a resource / reserve for Lens 6.
    A video / audio was posted on HC, not sure if it was this thread, about 6 weeks ago where AC talked about 10 - 12% copper coming from Lens 6 and it being on the way somewhere in a truck. It was expressed, i thought as ore not concentrate. I also partly assumed this as Cu concentrate is normally circa 25% and i'm pretty sure he said ore.
    If you look back at the best Lens 6 grades from drilling, and throw the rubbish away i think this is entirely possibly. I seem to remember one hole was around 17.9m true width at 8.2% Cu and 1.6 gpt Au.....perhaps they just hit this bit in the 150 - 200m development drive?
    I think the video / audio of AC saying this was more of a Q&A rather than a broker presentation. If you look back i'm pretty sure you will find it.
    Cheers
 
watchlist Created with Sketch. Add A1M (ASX) to my watchlist
(20min delay)
Last
59.0¢
Change
-0.010(1.67%)
Mkt cap ! $272.8M
Open High Low Value Volume
60.0¢ 61.5¢ 58.0¢ $644.7K 1.077M

Buyers (Bids)

No. Vol. Price($)
1 4000 58.5¢
 

Sellers (Offers)

Price($) Vol. No.
59.0¢ 27571 1
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
59.0¢
  Change
-0.010 ( 2.70 %)
Open High Low Volume
61.0¢ 61.0¢ 58.0¢ 530995
Last updated 15.59pm 21/05/2024 ?
A1M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.