I am invested in MNM who are buying the Morningstar mine and treatment plant just a few clicks down the road. Might be that A1 and mnm come to a tolling arrangement while mnm get the morningstar mine back into operation?
I wouldn't discount the effect an ann from this co stating they are at the orebody and will be mining x number of tonnes at y cost in this climate of rising gold price. Investors are looking around for the next asx goldie to do good, ayc's turn soon?
AYC Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held