I am glad the board is not wasting time. You need to apply occam's razor to everything you've suggested.
"How many of you recall the price rise to 60c then the capital raising then the fall to below 40c. I believe they are getting shareholders to fund AIC, then they are suppressing the price so Glencore can take it over" - See every other copper company on the ASX and how they have tracked. The price you mentioned prior ran up due to momentum behind a macro short squeeze. You have self-admitted momentum traders hopping on, on this very forum. The "shareholders" funding AIC were not "mum and dad investors" which you are trying to connect to here, the raise was exclusive to institutions and sophisticated investors.
This was an absolute fantastic result for shareholders, we raised at a premium driven by a macro event. Dilution to shareholders was minimised and we are now using that money to develop a NEW mine. This is critical for us to realise an improved valuation (which will then likely be reflected in the share price).
Look at the on-market purchases directors have been making and have made; they have skin in the game. Significant skin. I would like ANY examples of other companies of this size with a consistent director investment of this scale in it.
Are they putting significant wealth into a company to only realise a small amount of value, or somehow getting hidden kickbacks? Would it not be more accretive to simply realise company growth and improved valuation and organically attract a suitor for a takeover?
Though instead you have deferred this to a different narrative. One that suggests manipulation and preparation of a company for a takeover.
Moreover, on what basis are you estimating this company in the billions? This is quite simply detached from any result of valuation method used by any reputable investor I'm aware of. It'd be great in many year's time if we could grow the company to that but we need to realise Jericho first. This is a critical step in expanding and increasing the capacity of our output and therefore revenues/profits.
What we have observed here is the company tracks the copper price index, whether or not fluctuations get ahead of themselves at certain points, and at which may be subject to some recalibration again due to macro events (we don't sell based on the COMEX price I believe - and macro event is Trump tariffs). This is not manipulation, but at least in my and others opinions here, a lazy means to value the company. Ignoring the potential, management, etc.
This company has been transparent in ways other companies have not, you may or may not be familiar with the announcement due to a mining accident last year. Thankfully no serious injuries. However, hearing anecdotes from other underground miners, let alone miners, this happens in other mines and you would not hear a peep!
As far as I'm concerned we have fantastic management, who are able to rebut their claims with numbers, who put skin in the game and are willing to share news, good and bad.
And the default response to all this is suspicion, broad reaching assumptions and serious claims.
In my opinion, you are wasting managements time with these queries and their time is best spent realising shareholder wealth, whether that is realised by the share price today or not. The business is gaining value.
- Forums
- ASX - By Stock
- A1M: General Comments
A1M
aic mines limited
Add to My Watchlist
1.43%
!
34.5¢

I am glad the board is not wasting time. You need to apply...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
34.5¢ |
Change
-0.005(1.43%) |
Mkt cap ! $198.6M |
Open | High | Low | Value | Volume |
35.5¢ | 35.5¢ | 34.0¢ | $396.7K | 1.146M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22779 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 145121 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22779 | 0.340 |
7 | 111836 | 0.335 |
14 | 197604 | 0.330 |
12 | 240392 | 0.325 |
13 | 445629 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 145121 | 4 |
0.355 | 125239 | 5 |
0.360 | 206014 | 7 |
0.365 | 144675 | 5 |
0.370 | 64296 | 3 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
Featured News
A1M (ASX) Chart |
The Watchlist
CDE
CODEIFAI LIMITED
John Houston / Martin Ross, Executive Chairman / COO
John Houston / Martin Ross
Executive Chairman / COO
Previous Video
Next Video
SPONSORED BY The Market Online