Great quarterly report to read. Detailed and clear for all to understand.
We look very well positioned for the year and management sound like they agree.
With the copper concentrate market continuing to tighten due to a supply deficit we anticipate upward
pressure on the copper price to build over the coming months. The refined copper market, which is
currently well supplied and sets the price, tends to lag the concentrate market by 3 to 4 months. With
no hedging and improving production, AIC Mines is well positioned to benefit from the expected upward
momentum in the copper price. Similarly, spot treatment charges and refining charges (TC/RCs) are
currently about 50% of the benchmark price auguring well for benchmark negotiations (AIC Mines sells
concentrate at benchmark).
Great quarterly report to read. Detailed and clear for all to...
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48.0¢ |
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Mkt cap ! $221.9M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 48.0¢ | $614.3K | 1.267M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 162265 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 24231 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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48.5¢ |
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| Open | High | Low | Volume | ||
| 48.5¢ | 49.5¢ | 48.0¢ | 441324 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| A1M (ASX) Chart |