AMI 2.44% 20.0¢ aurelia metals limited

Ann: Quarterly Update and Outlook - June 2024, page-4

  1. 1,178 Posts.
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    That's a very solid report. I agree with Croc. The market will catch up. MC is around $350 mill with $116.5 mil cash. That makes the mill at Peak and all the resources look very cheap to me. I like it that Federation will start this quarter, and I eagerly await the mining of the $110g/t gold interval which will give us a great cash boost. That's pretty good hedging too with Au over $3,400/oz and Zn at $4191. We are locking in a nice profit.
 
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