AAM/MMZ - Why bother?, page-159

  1. 208 Posts.
    lightbulb Created with Sketch. 25
    If only we had a small mine to develop with maybe 600k oz (and a small exploration program on top of that).

    https://hotcopper.com.au/data/attachments/6874/6874135-e846a0c3f3f34389d4fbecc67e918ac4.jpg

    Notice how the black line (gold) correlates with the purple line (GDX)?
    Notice how the green line (AAM/MZZ) correlates with the purple line (GDX), UP UNTIL THE 1ST FEBRUARY 2022?

    https://hotcopper.com.au/data/attachments/6874/6874159-320ed316e1ccbf7352ff3be2c7e4ff6d.jpg

    I'll tell you what that big gap in Mar 25 between the the green line (AAM/MZZ) and the black and purple lines is not.
    It is not shareholder returns.

    Ok, maybe we're going for long-term shareholder returns.
    Does long term mean 10 years?

    $730k a year, as per the below:
    https://hotcopper.com.au/data/attachments/6874/6874182-b864b6b82e1f7f718aa359844e3026a7.jpg


 
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Last
3.2¢
Change
0.000(0.00%)
Mkt cap ! $19.33M
Open High Low Value Volume
3.2¢ 3.2¢ 3.2¢ $43.33K 1.354M

Buyers (Bids)

No. Vol. Price($)
5 411873 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 266097 2
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Last trade - 15.40pm 17/06/2025 (20 minute delay) ?
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