Agree vcr. Federation won't be a Tier 1 asset until it has a ten...

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05/09/24

07:19

Post #: 75535069
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Originally posted by vcr999: ↑

AMI has around $150 mill in available funds to spend. Our current Market Cap is only $245 mill. We have already spent around $80 up to now developing Federation. With all the Mining asset's left after the Dargues closure and the sale of the Gold mill. The processing Plant we have at hera. All the mine asset's at Peak and Great Cobar deposit. Now we have a teir 1 mine asset at Federation with some of the highest grades of Zinc and lead ever found in Australia. I am not an an accountant but our asset's versus the current Market Cap is way out of balance. I am happy to hold as it is a massive upside against very little risk for any investor who looks at intrinsic value. DYOR. CHEERS

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Agree vcr. Federation won't be a Tier 1 asset until it has a ten year reserve. I believe that will come as Andrew starts drilling the deposit out from underground. Let's hope the share price reacts more favourably to more outstanding exploration results than it does from being in pre-production.

Get cracking Andrew.

AMI Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 30.5¢		Change 0.000(0.00%)		Mkt cap ! $516.2M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	100000	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
26.5¢	26988	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.370
2	6253	0.315
1	13	0.305
1	20000	0.300
7	553789	0.295

Price($)	Vol.	No.
0.290	18000	2
0.300	61754	2
0.305	192283	3
0.310	521876	7
0.315	239563	4

Last trade - 09.56am 19/06/2025 (20 minute delay)

AMI (ASX) Chart

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Agree vcr. Federation won't be a Tier 1 asset until it has a ten...

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