AMI 0.00% 17.0¢ aurelia metals limited

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  1. 2,467 Posts.
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    Not yet invested in AMI, and have missed some of the recovery underway.
    Also not across the history, and the reasons for the large cap raise, but happy to learn.
    I see they had a small loss at the half year, but with improving metal prices, it looks like they should easily make profit at year end.
    The high cash balance and upcoming Federation mine looks enticing, along with continuing ops.

    I have a question about the efficiency of the second mill - 430k tpa or maybe 450k tpa. It would seem at face value that small plants need higher grade resources to be profitable, interested in others views on this?
 
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