It will be interesting to see whether SPAC Metals Acquisition Corp's entry into Cobar has any bearing on Aurelia.
If Federation is indeed a Tier 1 asset, which it will be once it reaches 10 million tonnes, SPAC may take more than a glance at the undervalued AMI. SPAC, listed in USA, would have access to endless funding. Great Cobar may even be a Tier 1 asset yet if the copper keeps going verticle. Power and Beament would eat Clifford for smoko.
SPAC might very well be the entity that rationalises the Cobar area - something that is endlessly speculated about. Aurelia has had wheels spinning and smoke coming from under the bonnet for too long. Time to take the trainer wheels off Dan.
AMI Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)