A strong first half has set the scene for a solid year. The Eloise mine achieved production of 6,657t of copper in sulphide concentrate with a net mine cashflow of $11.5M after $27M in capital expenditure. A further $24.2M was spent on development of Jericho with 685m of link drive and associated infrastructure completed to date. A1M is on track to deliver guidance of 12.5kt of copper in concentrate during FY25. Strengthening copper and gold metal prices could be a significant catalyst in the short to medium term.
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