AMI 5.26% 18.0¢ aurelia metals limited

Best value I could find, page-29

  1. 1,739 Posts.
    lightbulb Created with Sketch. 762

    Regarding my previous email, I meant .....Jim Simpson described it as a 'value miner' (not valuer).  It's easy to have lazy letters catch you out.


    You may note I have changed sentiment.  I bought some more shares today (for the first time since July 18) on my own conviction.  I am convinced this company is totally misunderstood and will bedazzle analysts and investors with its revenue, FCF and cash build.


    PEX's ground next door confirms that this southern part of the Cobar Basin has been poorly (under) explored and there is a chance of it being a world class mineral field.  AMI has two mills right smack in the middle of it and they are being fine tuned to consume high grade ore for decades to come.


    IMO, with the cash this company will produce, Aurelia has three choices.  Bank hundreds and 100's of million dollars, restructure and reduce number of shares on offer or takeover/merge with competitors.


    Maybe Jim plans to do all three. 

 
watchlist Created with Sketch. Add AMI (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
-0.010(5.26%)
Mkt cap ! $304.4M
Open High Low Value Volume
18.5¢ 18.8¢ 18.0¢ $341.8K 1.872M

Buyers (Bids)

No. Vol. Price($)
6 270131 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 98060 3
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
AMI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.