A1M 1.67% 29.5¢ aic mines limited

Im not convinced they will ever develop that indo deposit.A JV...

  1. 6,200 Posts.
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    Im not convinced they will ever develop that indo deposit.
    A JV possible or selling it off more likely after a JORC seems more feasible.
    Cash costs have been up and down so $450 US is not a given.
    Had a history of hitting some poor ore in 2007 and again in september quarter and this affects gold production.
    Still all goldies are getting rerated so these issues may be overlooked for now.
    ABN is getting their clients in so its a good sign some big boys are watching with interest.
 
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