Ami free cash flow over $1M per week, bolstering a cash horde of around $36M. The miners at Parkes are about 80 meters away from a newly defined, very high grade gold lode. Current forecast is 83,000 old ounces at ASIC at $2300 per ounce. Current gold is already above $3,000 per ounce. What happens when this very rich ore hits the process plant? AMI has completely revamped its management team and appointed a new mine manager at Parkes. So expect opex to go down. IMHO the entire restructure of operations / debt/ boost cash flow will continue to soar IF the gold price continues to move higher. good luck to all longs
Ami free cash flow over $1M per week, bolstering a cash horde of...
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $346.9M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.8¢ | 20.3¢ | $7.268M | 34.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 849629 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 750975 | 9 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AMI (ASX) Chart |