AMI 3.03% 17.0¢ aurelia metals limited

Whither the Share price today?, page-204

  1. 983 Posts.
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    I suspect some of the weakness is concern around the forecast for next financial year which will be announced shortly. The high grade chronos gold zone will be depleted shortly, so the question has to be asked where are the ounces from peak going to come from next year? So we may see an ok quarter from chronos this quarter but then we hit the lead/zinc zone. The only other area I can see with the high gold grades is at peak deeps but have not seen any commentary as to when they will be accessing the zone for mining. We may end up seeing a forecast for next financial year at sub 100k ounces gold albeit with lower cash costs than this year due to better credits from lead and zinc. I personally cannot see how we can deliver 115-130 k ounces gold for next year based on the information out there - happy to be corrected.
 
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17.0¢ 17.0¢ 16.5¢ $291.6K 1.716M

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