And if AML does not get up soon, does not that mean that Timis can probably use the full capacity of the Railway and Port? With Timis paying AML a fee for the use of the infrastructure which will keep them afloat with care and maintainance costs until Iron Ore prices come back - if ever.
In the mean time Timis could increase production by taking our ore as well and increasing our Royalty payment to $3 or $5 a ton, depending on IO prices.
End result:
1. AML stays afloat until there is an IO price recovery.
2. Timis keeps people in SL employed
3. Our Royalty receipts increase
4. Our dividends continue to flow until IO prices recover, then
5. Someone buys AML, Timis and CFE interests in SL, or
6. Timis buys out AML and CFE, or
7 Timis and CFE buy out AML.
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.96M |
Open | High | Low | Value | Volume |
5.3¢ | 5.5¢ | 5.2¢ | $17.52K | 326.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 181163 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 533138 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 181163 | 0.052 |
3 | 460000 | 0.051 |
3 | 268309 | 0.050 |
2 | 57028 | 0.049 |
3 | 184166 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 533138 | 5 |
0.056 | 13000 | 1 |
0.057 | 344024 | 1 |
0.058 | 810589 | 5 |
0.059 | 740000 | 3 |
Last trade - 15.49pm 07/07/2025 (20 minute delay) ? |
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AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
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