Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi there James and Team. Thanks for all your hard work and the great info you provide. A copper question here focused specifically on A1M. Whilst there is a lot of focus on Sandfire I’d like to get your thoughts on where you see A1M?? I am sitting on about 32% profit and intended to hold long term. Are you still bullish on copper and do you feel A1M is still a good Copper play?
Hi Gary,
We remain bullish the copper thematic but as we discussed this week with Sandfire (SFR) Here we can see lower prices over the coming weeks due to rising global economic growth uncertainty on the back of higher oil prices.
In terms of A1M specifically, we discussed the stock in detail back in December Here and nothing has really change. AIC Mines is an established pure-play copper producer with a strong operational track record and clear growth pathway. Its flagship Mt Isa Eloise mine has delivered on nine consecutive quarters of production guidance, a rare achievement among ASX junior miners and a sign of solid operational execution.
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