AMI aurelia metals limited

I just watched Andrew's presentation at Noosa - thanks for the...

  1. 2,006 Posts.
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    I just watched Andrew's presentation at Noosa - thanks for the link. I am a very long time holder of Aurelia Metals - it is one of my largest convictions.

    However, I still find it all somewhat confusing. Aurelia still has many balls in the air BUT thankfully Andrew and to a lesser extent, Bryan, is the magician catching them and releasing them again in quick succession. If Andrew left on Monday, I would liquidate my entire holding five minutes after the advice.

    1. I'll start with the web site. The Investor and News dropdown boxes are duplicitous, messy and confusing compared to other companies' timely access to information.
    2. Andrew's presentation went from north to south then from south to north, back and forwards from Federation to Great Cobar. I did not see a sound, logical flow.
    3. Where are the exploration results!!!!!! and why was exploration not mentioned with conviction in the 12 minute presentation. He did skirt around the topic on a few slides but not with the conviction of previous releases. Is he throwing a bucket of cold water over expectations?
    4. Federation needs a ten year mine life to get investor's attention. Tens of millions should be being spent on drilling the entire area out.
    5. Presenters keep banging on about $100 million in the bank. Aurelia is not a bank. Up the exploration spend or return some money to shareholders. If the company is such a growth proposition, buying back shares at this low price should be a good outcome.
    6. If I wanted to invest in a bank, I'd buy shares in the Commonwealth or Macquarie Bank. Build the drive to Great Cobar, drill like mad, take a 19.99% stake in neighbour Peel Mining at it's current miserable price and get in before other suitors.
    7. What is the capital management policy of the company. It is not an explorer but a mature producer that has been mining for many many years. Is it ever going to return profits to shareholders, and if so, in what form?

    If it seems I am confused and frustrated you have well understood my feelings. The fact the share price is bogged in a mire clearly supports the narrative that the company is not selling its message well at all.
    Last edited by line of cobar: 23/11/24
 
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Last
31.0¢
Change
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Mkt cap ! $524.6M
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31.5¢ 32.5¢ 31.0¢ $1.044M 3.305M

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8 162283 31.0¢
 

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Price($) Vol. No.
31.5¢ 40443 1
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