My thoughts exactly Eagle. When AMI and POL hit a similar Enterprise value, I decided to sell all my POL and build a larger position in AMI. So far it hasn't worked out as POL SP continues to outshine AMI but I'm confident that this will not always be the case. IMHO AMI's future operationally looks far more settled than POL, couple that with Aurelia's balance sheet and AMI appears to be a much lower risk profile play. Aurelia has a much higher equity value, greater milling throughput optionality and a larger, more valuable resource/reserve inventory.
POL Market Cap 174 million Net Cash 10 million EV 184 million Total Equity 27 million Resource Value Gross 9.96 billion Gross Revenue Per Ton $463
AMI Market Cap 296 million Net Cash 114 million EV 182 million Total Equity 317 million Resource Value Gross 12.8 billion Gross Revenue Per Ton $489
AMI Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
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