AMI 5.26% 18.0¢ aurelia metals limited

AMI is really looking up these days. Great to see the team's...

  1. 49 Posts.
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    AMI is really looking up these days. Great to see the team's hard work bear fruit.

    The increase in the Gold price, at around A$3,500/oz, has been favourable to our business.

    If AMI manage cost in line with forecast expectations of A$2,050/oz, that would create a gross profit (EBITDA) margin of just over 41%.

    In line with the 90% reduction in Net Losses observed in the December 2023 report for the half, it is possible for AMI to turn at least a slight profit in the next quarter.
 
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