If the total revenue of AMI increases significantly over time, then gold will still continue to be a significant component of the business moving forward, and gold production would still be valued higher than it is today.
I would gather that the recalibration of the revenue mix is to bring the ASIC down for the group overall for the long term. If commodity prices stay at current levels, this could really improve the gross profit margins for Aurelia.
Only my guess currently.
From Au to Zn - What are the Consequences?, page-13
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $321.3M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.5¢ | 18.0¢ | $481.7K | 2.565M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 117544 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 719433 | 10 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AMI (ASX) Chart |