AMI 2.50% 20.5¢ aurelia metals limited

Ann: Becoming a substantial holder, page-47

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 509 Posts.
    lightbulb Created with Sketch. 67
    Hey jc; Morningstar is an automated system by my understanding (or otherwise operated by automatons), so any recommendation is based on whatever numbers they feed into it. Any interpretation is generic gumph so never ever use it as your decision maker; speak to a professional broker (preferably recommended by someone you trust who has had positive results).

    That said, IMO pros:
    They are making money and lots of it.
    Grade is outperforming and will be excellent over the next year in particular.
    Costs are exceptionally low.
    Base metal prices are strong, as are pm prices.

    Cons:
    Mine life currently at about 8 years (that said, AMI spoilt for choice with expansion targets).
    Not a well known name in the market, and are competing against bigger names at present for investors dollars eg. NST, SAR, RRL, EVN (actually that is probably a positive if you are looking to get in)
    Sorry / struggling with the negatives.
 
watchlist Created with Sketch. Add AMI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.