"Rumour has it over here we have at least another 3 years in the doldrums before we hit some sort of equilibrium."
Excess inventory courtesy of China's ghost stocks, excess capacity courtesy of China's rapid expansion and now state subsidy to keep unprofitable mines/processing plant open, this time courtesy of the French.
I agree with the others below. Good post. Good to see we are viable even with the industry in absolute chaos at the moment. Rumour has it over here we have atleastanother 3 years in the doldrums before we hit some sort of equilibrium.
The intriguing thing for me is the fact that RY has put the whole thing into overdrive on the exploration front because he has too much to deal with. I refer to my post the other day. It will be really interesting to see where we go for exploration this year and hopefully there will be some indication of what is likely to be found via extrapolation of known strikes or infill to existing (soon to become) indicated resource.
I think if the grades hold up or get better we could be I for a terrific couple of years.
Should be a great year. I can't see any downside at the moment.Funded, lots of resource and if you think we're overly diluted with the Crede thing then look at some other small caps. We're I a good spot really.
Thanks Redlee great post once again and I agree the only big unknown for me is the Russian politics especially this week with the USA upping the Europe defence budget by 4x and the constant threat of Syria being the catalyst for it to all blow up or we start Cold War II With the Chinese included this time. But the fundamentals of AMC are looking good and I agree we should have some more of you questions answered in 2026
Even as a holder yourself aspects could be considered pessimistic in the analysis, Capex saving, crede buy in etc but it's similar otherwise to my own expectations Ultimately even at 3.8 it's potentially viable let alone any recovery
State help, more drilling, better grades and volume, other metals, possibly nickel district Any of those, just one, makes us profitable at a time of commodities bottoming out
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