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AIC Mines (A1M) – SPP

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Question asked 12/07/2025

AIC Mines (A1M) – SPP

Hi James & Team, Latest view on AIC Mines (A1M) -They have announced production guidance achieved and high-grade Northern extensions at Jericho. Trading at 32.5c today. Will you be participating in the SPP at 30c? If so how much would you increase your weighting? - - or will you be waiting closer to the closing date before making a decision? - Closes 28/7/25. Regards, Debbie Hi James and team, thanks for your timely insights and clarity. The AIM SPP is now open - are you intending to participate despite the operational problems they've had? Trish

Answer

Hi Guys,

No change from our answer at the end of June: “We are assessing but will likely participate depending on the share price before the offer closes.” The closing date is 28th July. We would like a 8-10% discount relative to the share price.

The stocks trading ~32c, making the SPP discount at 30c clearly attractive plus we remain bullish copper despite this week’s volatility courtesy of President Trumps threatened 50% tariff.

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AIC Mines (A1M)

LAST UPDATED 09/07/2025 16:08

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