AMI 3.45% 14.0¢ aurelia metals limited

Ann: AMI Breaks ground at the Federation Project, page-10

  1. 4,995 Posts.
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    Pretty good time-frame given discovery in 2019 and first blast for development portal and decline in 2022, for Australia nowadays thats a blistering pace. I think we can all agree that not buying Dargues, and sitting on the cash and progressing Federation and doing their homework on Federation might have been a better play in hindsight. Got to remember that the higher Zn and Pb prices are only a recent development, and the industry has been waiting a long time and had a lot of false starts when it comes to Zn and Pb metal prices. Much more rational and staged risk based approach finding and proving up a new deposit close to existing mills, rather than going off and buying a nuggety high grade unproven gold mine somewhere else.
 
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