This result, IMO, is good because:
-AISC down considerably in fact one of the best in the business.
-Financials don't include inventory (unsold Gold, dore & concentrate) which, IMO , should be $2.28 mil
Approx
-Cash also excludes the $3.5 mil environmental hold back
-The 5450 oz hedge @$1753 Aus (Over 33% of Mar Qtr production.) This , IMO, ought to have been
announced previously because its earlier release would have affected shareholders & market expectations of share price (market looks forward)*
Our next big ann should be the Reserve/Resource upgrade in light of the excellent recent drill results.
Given that LOM & P/E are closely related, this update ought to be made ASAP & not at the end of the Fin.
year because, IMO, it is price sensitive.
But all in all, this is a good report and bodes well for AMI over the next 3 months, IMO.
We should offer congratulations to the new CEO on his regular stream of announcements; a great improvement from the old regime.
Mm.
*PS: Civic was spot on in his post # 21182738 (7-12-16)when he said that a director had mentioned further
hedging at/after the AGM.
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $321.3M |
Open | High | Low | Value | Volume |
18.5¢ | 19.5¢ | 18.0¢ | $481.7K | 2.565M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 117544 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 719433 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 117544 | 0.190 |
1 | 57112 | 0.185 |
9 | 1393486 | 0.180 |
4 | 140075 | 0.175 |
5 | 464070 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 719433 | 10 |
0.200 | 912222 | 15 |
0.205 | 586451 | 6 |
0.210 | 1329086 | 11 |
0.215 | 1122793 | 6 |
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