Looking at AGO's quarterly I would suspect ARI are break-even and not haemorrhaging cash as the nameless analysts talking up their short positions suggest.
If break-even it makes sense to keep the mine operating and focus on cost cutting. Hence I expect management will put it on C&M.
Looking at AGO's quarterly I would suspect ARI are break-even...
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2.4¢ |
Change
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Mkt cap ! $14.84M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 758622 | 2.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 620680 | 3 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| ARI (ASX) Chart |