I am not sure what people are worried about.
It was a well flagged poor quarter. The assets are highly sensitive to gold production which fell, and base metal credits fell in tandem
This quarter gold production will easily increase by 30%+. Base metal production and therefore credits will increase by 30%+. Costs are about to fall dramatically this quarter. The company will be cash positive and the cash balance will increase.
And this quarter is really just a set up for Q1 2020/2021 when Kairos tonnage is accessed. Gold production will dramatically increase again and the cash balance soar.
Investors will question why they didn't take advantage of the April/May share price weakness - and realise they should look forward not backwards.
Whither the Share price today?, page-1585
-
- There are more pages in this discussion • 165 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.3¢ |
Change
0.003(1.19%) |
Mkt cap ! $359.4M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 21.0¢ | $33.53K | 156.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 625783 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 288091 | 13 |
View Market Depth
| Last trade - 11.05am 18/07/2024 (20 minute delay) ? |
| AMI (ASX) Chart |