As I have posted on another thread the weakness is likely based on coming guidance for the next year. We are going to see a reduced production figure compared to FY19 and with that higher costs.
It won’t be until Q4fy20 that the AISC will come right down, so I am guessing that AISC for the first few quarters will be around 1200-1300. For a 100k ounce producer at that AISC there is better value elsewhere.
Also the market wants to see growth in production not a reduction. however AMI needs to invest in order to get that next wave of growth which is what they are doing.
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $304.4M |
Open | High | Low | Value | Volume |
18.0¢ | 18.5¢ | 17.5¢ | $658.5K | 3.678M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 355500 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 390154 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 355500 | 0.175 |
16 | 1115515 | 0.170 |
11 | 465831 | 0.165 |
12 | 508195 | 0.160 |
8 | 570836 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 390154 | 6 |
0.190 | 875873 | 11 |
0.195 | 414457 | 12 |
0.200 | 266923 | 9 |
0.205 | 249635 | 3 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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