Calling it strategic implies some purpose? Apologies for my...

First 30 Last

Share
Profile

Follow
Trader088

886 Posts.

87

23/04/24

13:54

Post #: 73476755
Share

Originally posted by fitnfam ↑

No where did I say it was purposeful.
Just conveniently Strategic not to be able to ship out Copper for 3 months? when market prices aren't great and demand is building and processing costs are falling,leading to greater Nett Smelter Return in the future on the said concentrate.
They need a good next QTR to pay some of the Federation development costs.

If they could have sent both the Copper and Sold the Gold held back the question is the END of March $14m value???????
Better with the money in the bank or be easily worth more today with the goods sold next month at considerably higher prices compared to the shitty bank interest to be had on it.

You could always work back the figures from stockpile tonnage if you want a better idea on the strategic value of the stock situation and its increased value to date.

DYOR +DYODD It's all in plain sight if you read enough including Gold production to be at higher end of June target 65koz less ounces to date =====
Those extra ounces will all be HEDGE FREE.

Expand

Calling it strategic implies some purpose?
Apologies for my misinterpretation

AMI Price at posting: 18.8¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

IXR

Ionic Rare Earths falls -7% as momentum slips on vague production update

NUZ

Neurizon inks $1.5M loan against R&D Tax Rebate

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

ASX Market Open: Local bourse tipped to trade red after same on S&P500

First 30 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 19.0¢		Change 0.000(0.00%)		Mkt cap ! $321.5M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	15000	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
17.0¢	59	1

View Market Depth

No.	Vol.	Price($)
1	15000	0.220
5	9222	0.190
6	1118676	0.185
17	1667717	0.180
16	602659	0.175

Price($)	Vol.	No.
0.185	23958	3
0.190	682294	7
0.195	956214	11
0.200	1112210	16
0.205	1129977	10

Last trade - 09.55am 31/07/2025 (20 minute delay)

AMI (ASX) Chart

Calling it strategic implies some purpose? Apologies for my...

Ionic Rare Earths falls -7% as momentum slips on vague production update

Neurizon inks $1.5M loan against R&D Tax Rebate

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

ASX Market Open: Local bourse tipped to trade red after same on S&P500

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Calling it strategic implies some purpose? Apologies for my...

Top Stories

Ionic Rare Earths falls -7% as momentum slips on vague production update

Neurizon inks $1.5M loan against R&D Tax Rebate

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

ASX Market Open: Local bourse tipped to trade red after same on S&P500

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News