Well...I am not holding Aurelia Metals shares but my father (since the YTC times) is. What leaves a very bad taste in my mouth is the fact that this mess seems to come completely out of the blue and that Glencore is somehow part of the game. This remembers me the Perkoa Zinc screw up with Blackthorn Resources (now Intrepid Mines) some time ago. Wrong plant design, wrong ressources estimates and everything under the eyes of Glencore and/or their involvement. Only 2 months ago this was a buy and now we are talking of a possible default. From hero to zero within days? However, at least theoretically the potential should be existent. Means that maybe somebody is willing to buy the company for little money (Glencore?).
Really a bad day for all Aurelia Metals holders. Let's hope that the might find whatever solution and the company at least survives and not all money is lost. In the very long term you never know.....it seems that surviving at the moment is the only important thing.
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Well...I am not holding Aurelia Metals shares but my father...
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17 | 742927 | 0.150 |
5 | 173191 | 0.145 |
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Price($) | Vol. | No. |
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