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
Oh Yes!Better production volumes X better prices = discretionary...
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30.5¢ |
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Mkt cap ! $219.1M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 1133025 | 30.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 231154 | 13 |
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