AKM 7.69% 30.0¢ aspire mining limited

re: Ann: Presentation to Coking Coal Industry... Hi Guys Some...

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    re: Ann: Presentation to Coking Coal Industry... Hi Guys

    Some good movement on solid volume, presentation from yesterday shown some light on the future production from Ovoot. Certainly makes aspire stand out in production rates with 12mtpa and the closest peer Southgobi which has only 7.5mt. Also worth noting we are the only company with premium grade coking coal and our deposit is all coking coal where all the peer comparisons only have a portion of coking coal.

    Also contains some new info on possible market routes for AKM's coal. Plus cost comparisons for each of the prospective supply routes. Also the seams and company structure highlight that AKM looks undervalued when compared to its peers. I believe we will see the company rerate over the coming months and i personally think the scoping study will shine alot of light on just how much potential the company has. GL to all holders

    GB

 
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Last
30.0¢
Change
-0.025(7.69%)
Mkt cap ! $152.2M
Open High Low Value Volume
32.5¢ 32.5¢ 30.0¢ $60.47K 194.8K

Buyers (Bids)

No. Vol. Price($)
1 29285 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 71528 1
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Last trade - 15.47pm 18/07/2024 (20 minute delay) ?
AKM (ASX) Chart
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