Another box ticked. Capital spend can now go unfetted.
Mining Lease area of 3885 hectares (~9000 acres) is huge. Sounds like a typo to me - maybe this takes in Federation, Hera and a number of prospects. Usually MLs are fairly tight around the infrastructure and mine. This is a good outcome if there are other deposits or large extensions nearby.
Another gold star for the new company. I'm changing my sentiment to buy. With adequate funding, Aurelia can build this mine whilst macro is crap and sell production into hopefully a resurgent world economy in ~18 months time. All that stands in the way of my plan is WW3, a plague, global warming or a meteorite ploughing into earth.
AMI Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
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