Thanks plough. I don't disagree at all. Just adding a caution.
The Matilda North intercepts are all J1, no reference to J2. Perhaps J2 widths x grades here are uneconomic.
I am not worried. Like arsenic, I am seriously overweight A1M and content.
Amid the noise and fury, it is easily overlooked that A1M is a profitable copper producer at Eloise with a P/E ratio of 21 or 17, depending who you listen to.
It has cash from the CR and FCF from Eloise to fund drilling and the link drive. Financiers will happily lend against trucks and above-ground facilities.
When do y'all think first ore from Jericho will arrive above ground?
Ash
A1M Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
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