A couple of things.
I think expectations were overly optimistic particularly when it was flagged that Kairos wasn't going to be accessed until 21fy and as far as the dividend was concerned.
The unhegded gold price has been forgotten by the market. The forecasted 80-90oz is akin to at least 100k oz when when we had the hedging in place. Exploration news will come through consistently through the year.
In my view the forecast is slightly conservative. My hunch is that we might be closer to 95k at year's end.
If the stock can consolidate around 50c I think we will be on an upward trend in a few months time.
Ann: FY20 Financial Results Presentation, page-34
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $372.1M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.0¢ | $2.056M | 9.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 234930 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 326011 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AMI (ASX) Chart |