A1M 0.00% 45.0¢ aic mines limited

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

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    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

 
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