AMI 2.86% 18.0¢ aurelia metals limited

Ann: H1 FY20 Financial Results Presentation, page-22

  1. 6,130 Posts.
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    Helix needed to choose between Collerina ( copper ) and Cobar ( gold ) to prioritise spend. They chose Collerina. At present they have 100000 oz AU mainly from surface. As you can see this is spread over the area in the map. Their statements suggest it could be an AMI repeat. Money needs to be spent tho. Considering the GP a $4-5 mill spend would be worth the effort particularly as those riverbeds have not been drilled ( see map undercover).

    Am a Helix holder.

    Cheers
 
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