The absence of M&A by A1M is due to several factors:
* The A1M share price is low so its paper is unattractive
* A1M's cash is juuuuuuust enough to fund existing development plans
* AC & team do not want to dilute their equity interests, well aligned to holders best interests
* All Cu projects and mines out there have put a pretty price on themselves
While a rising Cu price advantages A1M, it also does the same for all M&A candidates.
The PoC has ticked up in the last few days to $US4.42lb. Long may this new trend continue.
Ash
The absence of M&A by A1M is due to several factors:* The A1M...
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