Re the Mayor’s letter, he is a holder in Maronan, which sits within A1M’s tenements. It is a lead mine and valueless as there is an overabundance of Pb produced as a byproduct in Zn mines. Most Pb-Ag concentrator circuits optimise for Ag and let most Pb pass into tails.
His whinge that Cloncurry miner prices are being ’suppressed’ is an idle gesture without merit.
If eg Glencore was accumulating stock in any volume, it would not be able to simultaneously 'suppress' the SP. Think about it.
Ash
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Last
30.0¢ |
Change
-0.030(9.09%) |
Mkt cap ! $172.7M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 29.5¢ | $2.012M | 6.683M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 98369 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 82488 | 3 |
View Market Depth
| Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
| A1M (ASX) Chart |