A1M

1.19%

41.5¢ aic mines limited

Ann: Investor Presentation, page-23

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dbd25

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16/04/24

08:48

Post #: 73360358
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Originally posted by Aqua65: ↑

A1M is excellently managed - everything goes to Mt Isa & through Glencore.

Glencore were paying a premium to spot, likely still?, and they want as much ore and copper as can access for Mt Isa processing I believe.
Aaron (A1M MD) has longstanding relationships locally and good reputation- ex EVN and Ernest Henry within 50kms to the north.
Say it again - Aaron Colleran was deal maker involved with building Evolution, including especially fully acquiring globally significant Ernest Henry mine and operations. ( Ernest Henry operates with positive AISC for copper mining. Due to high gold credits paying literally the entire costs of production for Ernest Henry , predominant copper mine production)

It’s not a matter of contracts in place atm though could come into play in next years for security with eg, Macquarie, forward commodity contracts instead of some debt or equity for Jericho development.

A1M is a direct leveraged investment for investing in copper , as well as gold.
Eloise - Jericho are high grade copper resources with gold .
Copper price proxy investment in many ways right now & nearterm.
Also for the multi -decade growth in resources and development of critical metals and minerals that will be occur.

These are precious and rare ancient primarily copper resources- in the ground.

Becoming very difficult to find anywhere simple to develop copper mine resources let alone in a safe best jurisdiction (Australia, NQld) with mature regional infrastructure & own- owned established mill, however especially also a nearby smelter and processing facilities + excellent roads and rail to port and reasonable proximity to Asian end markets- a total established copper mining province with regional ample milling, good workforce, a smelter, roads + rail to gold refinery, other chemical processing in future and major port.

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copper price hit US$4.38/lb overnight, another 22 month high.

all dyor

A1M Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 41.5¢		Change -0.005(1.19%)		Mkt cap ! $236.9M

Open	High	Low	Value	Volume
42.0¢	42.5¢	41.5¢	$263.6K	626.8K

Buyers (Bids)

No.	Vol.	Price($)
8	122421	41.5¢

Sellers (Offers)

Price($)	Vol.	No.
42.5¢	16018	3

View Market Depth

No.	Vol.	Price($)
8	122421	0.415
7	113238	0.410
5	86294	0.405
12	128958	0.400
1	9258	0.395

Price($)	Vol.	No.
0.425	16018	3
0.430	14703	3
0.435	30385	2
0.440	20000	2
0.445	11000	1

Last trade - 16.10pm 28/06/2024 (20 minute delay)

A1M (ASX) Chart

Ann: Investor Presentation, page-23

Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios

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Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

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Ann: Investor Presentation, page-23

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Silver Mines models five new calderas close to 396Moz Bowdens deposit

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Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

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Featured News

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Sellers (Offers)

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