AMI 6.25% 17.0¢ aurelia metals limited

Ann: AMI - Quarterly Activities Report - December 2018, page-29

  1. 509 Posts.
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    yep - thought that was quite interesting. Good quality appointment; also means JS can become more strategic and step away from the pseudo-GM role. 
    AMI free cashflow double that of SAR at one third of the market cap...love quarterly time. You can’t hide the cashflow. 
    It it was really only the last couple of weeks in December that gold really shone; so this quarter should be far stronger. I like that they appear to be constraining Peak until the new circuit is sorted, although obviously production during the change to contract mining has been average. Feb and March should see a lot better mining rate.

    https://hotcopper.com.au/data/attachments/1416/1416498-6bfbbed1b9d1a03b379c128e3d561709.jpg
 
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