AMI aurelia metals limited

Ann: Quarterly Activities Report - December 2022, page-13

  1. 286 Posts.
    lightbulb Created with Sketch. 13
    Much more polished conference call today. Good listen for all holders when its online. Well constructed answers and plan going forward IMO.

    Questions for the forum. AMI now hold 41 million against their performance / environmental bonds, they discuss these being in a similar sort of magnitude for the Federation Deposit (65 million) and potentially accessing these as part of funding? Im not sure how this would work though.

    Looks like an eventful 3 months ahead. Hera was $6 million cashflow positive in December post mine plan change, hopefully this is a sign of things to come. Development has almost ceased which will further reduce operating costs. They also discuss expected increasing grade at Dargues, inventory build up and wind back of development which should also assist with near term cash flow.

    Overall some faint green shoots, which is better than clinging to hope that has happened previously.

    GLTA

 
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