AMI 2.70% 19.0¢ aurelia metals limited

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  1. 524 Posts.
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    Largely agree with Stevie. The only similarities is that both mine a mix of base metals and gold and both have debt.
    The quality of the two operations orebodies is very different. Mineral Hill is a variety of small orebodies with differing processing characteristics. Hera is several ore lenses forming one deposit with similar metallurgy.
    Hera probably has a 5 year mine life currently but there is exploration upside. Unfortunately all exploration has stopped with no sign of any proposed exploration. There will be a mad rush to find more when the orebody has almost run out.
    The deafening silence from the company continues to annoy. Hopefully the quarterly will provide some illumination.
 
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