A1M 4.05% 35.5¢ aic mines limited

Operationally looking OK - better fleet availability of loader...

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  1. 5,034 Posts.
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    Operationally looking OK - better fleet availability of loader and trucks helping out, not quite sure what they have done with the power station but any attempt to reduce costs is welcome news. An almost profitable underground base metal miner in Australia in this labour market, cost of fuel and consumables? Get outta town! smile.png

    https://hotcopper.com.au/data/attachments/5664/5664225-c1188304d6ba63c85fd6e678230cffb0.jpg


    Low AUD and better realized metal prices helping them out, but the physicals from the Eloise mine are encouraging, nearly every metric from tonnes mined,, milled, feed grade and metal produced improving from last quarter.

    Well done to Aaron Colleran and team, I also like the Jericho upside and some of their other exploration ground is pretty decent as well.
 
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