yes but it is still a long time away until they will be mining federation.
Looking objectively at AMI it is a sub 100k producer with a relatively high AISC. Expect broker downgrades to come through shortly. Need to recognise the opportunity cost of choosing to wait years until federation gets going. I will look at re-entering when it gets closer to this point.
days of looking towards a $1 share price are years away I am afraid.
Ann: FY20 Financial Results Presentation, page-17
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $363.6M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.0¢ | $320.2K | 1.491M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 728372 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 81896 | 6 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| AMI (ASX) Chart |