A1M 1.19% 41.5¢ aic mines limited

Institutions ponied up at 52c a month ago. Now at 42c, we can...

  1. 5,437 Posts.
    lightbulb Created with Sketch. 1341
    Institutions ponied up at 52c a month ago. Now at 42c, we can buy their investment at around 76c in the dollar. This is so, so sweet.

    AC & team now have the committed capital base on which to develop Eloise/Jericho. FCF for drilling and debt for concentrator enlargement. (I simplify mightily)

    Wild cards are the price of copper and AC's appetite for M&A.

    Three weeks to the Quarterly. We know production; we dont know realised prices.

    Ash

 
watchlist Created with Sketch. Add A1M (ASX) to my watchlist
(20min delay)
Last
41.5¢
Change
-0.005(1.19%)
Mkt cap ! $236.9M
Open High Low Value Volume
42.0¢ 42.5¢ 41.5¢ $263.6K 626.8K

Buyers (Bids)

No. Vol. Price($)
8 122421 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 16018 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
A1M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.