An interesting speculation by Vandeleur, and not an idle one.
It would be rational for AC & team to push an initial drive into Lens 6 down the best seam they can find. Early cash flow and sweet grades cannot be ignored.
A1M has plenty projects to spend on. The Jericho box cut is obvious, while resource definition and exploration drilling also recommend themselves.
We have already seen adroit juggling of priorities by this business. I expect this to continue, accelerated and lubricated by FCF.
The Quarterly will be good reading.
Ash
An interesting speculation by Vandeleur, and not an idle one.It...
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Last
33.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $189.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5882 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 43998 | 2 |
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| Last trade - 16.14pm 20/06/2025 (20 minute delay) ? |
| A1M (ASX) Chart |
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