AMI 0.00% 17.5¢ aurelia metals limited

Article, page-3

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    A successful dry run of the Peak upgrade this month will see the share price start to re-rate. Even 50-55 is way below what I expect it to shortly become. Macquarie's previous $1 is more like it, though I suspect that might have to wait until we are a month into mining Kairos. The gold price really shouldn't be affecting us since we have around 30,000 oz to still wipe at the hedged price of $1854. Once this is gone, it will be interesting to see if the extra $300 an ounce is still the going rate and if so, since this would effectively add $30 million of income on 100,000 oz p.a. if that causes a re-rating. It should!


 
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