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
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $355.2M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 20.5¢ | $357.4K | 1.722M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 121951 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 888884 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 121951 | 0.205 |
7 | 373193 | 0.200 |
5 | 160500 | 0.195 |
3 | 105090 | 0.190 |
8 | 276734 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 888884 | 20 |
0.215 | 1036304 | 8 |
0.220 | 1042757 | 18 |
0.225 | 244701 | 6 |
0.230 | 478133 | 9 |
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