AMI 0.00% 21.5¢ aurelia metals limited

Ann: AMI-Peak Exploration Update, page-72

  1. 1,170 Posts.
    lightbulb Created with Sketch. 1659
    I'm not party to the mill upgrade process, so I did say will be finished or they'll announce it is about to be..remembering the quarterly comes out at the end of July...but you are right, they have said it is expected to be completed early 2020 (22/1/2019) but then in the presentation of 19th Feb. they have recorded $35m (the total amount) upgrade spent 2019. Either way they are certainly moving fast on this, with all long lead items ordered quite a few months before the end of last year. My main point being they are lining up multiple substantial improvements on many fronts including mill throughput, gold reserves and grades, base metal reserves, LOM, discoveries, that will all flow through to the bottom line and will contribute substantially to the growth profile of the company. Also the timeframe to Peak deeps isn't known but the decline, and the mining plan have to be developed and approved so that may take six months or so to line all that up. Either way, there will be a definitive outlook for the remainder of the 2019 calendar year, certainly by the June activities report, and by then the market will have the idea that this company does deliver.
 
watchlist Created with Sketch. Add AMI (ASX) to my watchlist
(20min delay)
Last
21.5¢
Change
0.000(0.00%)
Mkt cap ! $363.6M
Open High Low Value Volume
21.0¢ 21.8¢ 21.0¢ $303.0K 1.422M

Buyers (Bids)

No. Vol. Price($)
12 535502 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 79799 5
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
AMI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.