A1M 4.35% 44.0¢ aic mines limited

A1M: General Comments, page-396

  1. 2,697 Posts.
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    It's a tough call. I'd want to get some further details from AC about the initial self-funded three stage plan and general project timelines for each. The appreciating share price and copper price may prove a decent opportunity to lean on more debt and secure solid offtakes but I wager the risk factor may weigh in on A1M to secure a capital raise when the share price is in a good VWAP position. Don't forget how the directors are quite invested in this company and wouldn't want to dilute themselves heavily as we experience a change in copper sentiment. I'd be interested in the copper and gold prices they could secure going forward and the impact it has on our bottom line. How long that first stage development of Jericho would take or how long we could achieve the full three stages of Jericho development compared to the initial three year and three staged plan.

    Cautiously optimistic its a smaller sized raise. I know on Money of Mine they were talking in the sense it was a certainty and I'm aware of a co-host owning or having owned shares in this company recently.
 
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Last trade - 13.48pm 13/06/2024 (20 minute delay) ?
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