Adam has a simple, authourative way of presenting content. AMI is lucky to have him. The fact he has stayed is a good omen. I think finding and building the resource at Federation has been a wonderful experieince for him. As previously discussed, this will become a Teir 1 asset for mine. It will become ~10 million tonnes and in processing a million tonnes / annum @ 8 gms gold (equiv), will finally take the share price >$1.00. Cash build will be enormous. Dividends, share buybacks, acqusitions - optionality will be unparralled. I am not sure the current Board could even mess it up.
Aurelia has crossed the Rubicon on Adam's shoulders. Good years ahead. Some of the old stagers may even get to retire early with dignity - as was the plan some years ago when the share price was heady on a lot less prospects.
PS. If Great Cobar gets to 10 million tonnes resource, the share price will close on $2.00 for mine. Some of those Western Australian gold companies with similar share capital who produce >200 000 oz gold/annum have $300 million in the bank.
AMI Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)