"Pitty no confirmation of ROM ore grade and recoveries in the latest presentation."
too early plough. by months end I would be calling for such data.
Re: dividend ..... I still think that the company can do both. Grow business and explore and pay dividend. The reason why I mention dividend is purely because the company is setting itself up to do this without negative impact. Investors also are interested in companies that actually pay dividends - especially during the rocky economic conditions that have been and are seemingly happening going forward.
Re: need for more cash .... I think cash flow is already filling the bank coffers. Its the speed of cash accumulation relative to exploration demands that we are talking about. I guess we all want everything yesterday don't we.
GC
AAM Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
