AMI 2.94% 17.5¢ aurelia metals limited

Ann: Debt Repayment and Option Annulment, page-26

  1. 22,529 Posts.
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    50 mil options is not a significant game changer. Many emerging miners have more than that in management/employee/ contractor rights.

    The big picture is:

    Annual revenue from (AU, PB, ZN & AG ) -(Total costs)
    ------------------------------------------------------------------ X P/E
    # of Shares

    The # of Shares undiluted is 388 mil (low # for emerging miner)
    ..................................diluted:438 mil

    But given that the P/E now is sub 5, it looks like Mr Market is not paying attention.

    It was good to see the director buying on market @ 14c.

    Happy Christmas
    MM
 
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