Ann: Appendix 4E and Full Year Statutory Accounts, page-4

I'd forecasted AMI would need to drawdown at least one third to half of their current cash balance during FY25.
Very pleasantly surprised yesterday to see the upcoming guidance numbers.
If BQ can hit mid guidance (very likely IMHO looking at Peak mines operating output and falling cost trajectory) AMI may draw down less than
16.5 million cash at current spot price, potentially leaving them 100 million in cash by years end.
This would place them in a fantastic position to fund Great Cobar using the much higher-grade Federation generated FCF.
Incredible result considering the mess this management team inherited back when you know who bailed.







DYOR
GLTAH