AEC 0.00% $4.12 ammtec limited

It's been an unbelievable ride, $5 in Sept now $2 and with...

  1. 2,418 Posts.
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    It's been an unbelievable ride, $5 in Sept now $2 and with mineral exploration on the nose, it could get interesting.

    There are still some incredibly good points to note:

    Guidance has been re-affirmed.
    Balcatta generates 80% of revenue, and believe me, their busy.
    Gold is 25% of total revenue (only metal to hold up).
    Expanded their uranium lab by 400% in 08, (new lib govt has given go-ahead to develop in WA).
    Building a new lab at No. 3 Macadam Place.
    Marc seems to be doing well, expanded their factory by 300% and won new clients, one client is spending $10m.

    ....and it will be sitting on a 15%+ divi, fully franked.

    I'm accumulating down here.

    P

 
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