A1M 0.85% 29.8¢ aic mines limited

Ann: Quarterly Activities Report, page-3

  1. 5,509 Posts.
    lightbulb Created with Sketch. 1361

    Oh Yes!

    Better production volumes X better prices = discretionary FCF.

    AC & team's expansion plans look coherent and funded. The usual impediments to a miner's growth are under control.

    Mr Market will like the report a lot.

    A detail: "...the acquisition of two new tenements (Cloncurry North Project) located in the Mary Kathleen domain, 250km NNW of Eloise (and 100km NW of Ernest Henry), prospective for iron oxide copper-gold (IOCG) deposits." Nice!

    Ash
 
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