AMI aurelia metals limited

Ann: 2021 Group Production Target Statement, page-6

  1. 1,273 Posts.
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    Dargues remains a worry. 840Kt @ 5.2g/t equates to 140,000 oz. If we made $1000/oz we get 2/3 of our money back. Personally I'd prefer we had no Dargues, 860,000 shares on the registry and a share price back in the 60s where we were prior.
    Federation, Peak Deeps and North, and Great Cobar should have built us up from the 60s, not from the 30s that Dargues dragged us down to. All my opinion of course but I maintained we took all the risk from the Dargues purchase which was apparently based on what we already knew existed and some promising targets which to me, are yet to be revealed. That's a lot of money to pay for some promising targets.
    There's an obvious question here, was Dargues used as a cheap entry into what the company already had?
 
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