AMI 2.33% 21.0¢ aurelia metals limited

Chatt for matt23, page-7

  1. 745 Posts.
    lightbulb Created with Sketch. 582
    Just got a small parcel; had not been able to get my head around zinc, unlike copper , gold or silver where anyone can easily build a bullish case,
    hence haven't been really interested in it. But the story of ami looks very convincing value wise. the npv of federation alone covers the entire market cap of the company. This implies that you are getting all the other projects for free including the cash balance that ami is holding. In fact once federation comes into production it alone should be value way above the market cap. The only reason this kind of valuation exist is people thinks that metals are in a downtrend and will continue to be in a downtrend. But anyone doing a little research will see that gold, silver and copper have changed their just a few months ago from a bear to a bull trend. And even zinc now looks to have started to establish an uptrend. This stock ticks all the boxes in terms of value, technical and value of her product. The only thing I can't tick yet is management as I have not look into it.
    Attached is the zinc chart showing that it have finished with her basing. Lead is still trading range bound but I am fine with that
    https://hotcopper.com.au/data/attachments/6152/6152758-9acebf59ccc6de9bb6afe2ffb3a935b7.jpg
 
watchlist Created with Sketch. Add AMI (ASX) to my watchlist
(20min delay)
Last
21.0¢
Change
-0.005(2.33%)
Mkt cap ! $355.2M
Open High Low Value Volume
22.0¢ 22.0¢ 21.0¢ $520.2K 2.434M

Buyers (Bids)

No. Vol. Price($)
9 339502 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 209000 5
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
AMI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.