Earlier, I strutted around asserting the new concentrator complex should be sized to 40,000t Cu pa.
Today, AC says:
Combined Eloise Region Mineral Resources total 28.4Mt grading 2.0% Cu and 0.4g/t Au for 563,000t Cu and 409,600oz Au
There is enough Cu down there to support 40k. A mining operation of that size makes A1M attractive to the majors and aspiring majors, desperate to add Cu to their portfolios.
More drilling is needed - always, always.
Note the grade, a highly attractive 2.0%,
Note also the price of copper is today $US4.98lb.
A1M is about to get some hot loving' from Mr Market.
Ash
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Last
34.5¢ |
Change
0.015(4.55%) |
Mkt cap ! $198.6M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.5¢ | 33.5¢ | $404.8K | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 175200 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 186758 | 5 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| A1M (ASX) Chart |