http://www.asx.com.au/asxpdf/20150303/pdf/42x0rdn3rf782s.pdf
My focus is on small , good value resources stocks. A1 Consolidated is quietly beavering away and getting the job done on the smell of an oily rag and a whole lot of hard work. I visited the Maldon site and spoken with Dennis Clark. he is 100% focused on delivering dividends back to shareholders once production is on. There is no project payback, they picked up the mill and the Maldon mine for scrip. They aim to produce 25,000 oz pa at an all-in-cost of A$860 so they will be making a solid A$650+ margin on each ounce - that is A$16,000,000 per annum for at least the first 3 years and then into the second 3 years of mine life.
Market cap is less than $8m currently.
Good value in this stock right now.
R
http://www.asx.com.au/asxpdf/20150303/pdf/42x0rdn3rf782s.pdf My...
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