Once Darques "THE DOG" mine is done and dusted and disposed of and a clean sheet with longer life mines is seen producing cash then a re-rate is inevitable. The money squandered on "The DOG" is why Aurelia is having to pay for catch up and in my mind and has lost 3-4 years of development that should have happened years ago without a need to mothball any processing plants or equity dilution. The blame game is done and dusted but the lingering bitterness towards those responsible will for some time be a negative for the company,the new management and the share price.
That created the opportunity to buy your full at less than 2/3rds of what Mr.Brazil paid for his large holding and is now well and truly over.
IMHO - Fun times ahead.
AMI Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
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