A40 0.00% 8.2¢ alliance mineral assets limited

It's a shame investors can't look 2-3 months into the...

  1. 3,276 Posts.
    lightbulb Created with Sketch. 748
    It's a shame investors can't look 2-3 months into the future...forget about 12-24months hahaha.

    ..."High C1 operating costs of US$824/t were a function of high strip ratios and lower production, both of which should see improvement in H1'19 (see below)"...

    This was well documented by both the Co and Posters on HC...but forgotten by most, throw in a little hick-up ie water issue and everyone is in panic mode aided by a few clever posts on HC by parties who would obviously like the SP a bit lower for a decent entry.

    Then comparing to our peers by some:

    A40 has nothing priced in of what's still to come, the others have:

    * 50% of stg1 production still up for grabs
    * Mine life still only <9years
    * Significant resource drilling still to come
    * fines circuit well under way and Q4'19 is shaping up as something to be looking forward to
    * in the meantime, A40 with the lowest debt...by a very large margin...still can't understand how investors ignore this fact, which will ensure a much stronger ROI for current holers?

    Anyone who sold...however at 0.16 levels, unless you absolutely had to, should not be blaming anyone but review their investment strategy.

    All IMO





    Last edited by unicrumba: 04/02/19
 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.