AMI 5.88% 16.0¢ aurelia metals limited

Most undervalued gold producer on ASX, page-235

  1. 888 Posts.
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    The slides are now posted, but what I really liked about the AGM was that once the PB/ZN/CU circuits are up, AMI will have the ability to process base metals freely, meaning they can e.g.: sell PB when CU is low, or Sell CU when ZN is low, etc.


    Effectively, this means we can more effectively handle fluctuations of base metal prices and commodity price volatility. Jim said ~12 months to get these circuits up and fully functioning. They'll also be able to recognise more silver credits by selling either PB + Ag compounds or Zn + Ag compounds, as they were previously only processing Pb but not Zn.


    Also, once all the gold is mined out, I suspect we'll be in line with Cu price increase due to demand on copper increasing in the next 5+ years. All very exciting stuff. I'm not too sure if these details will be published to the ASX because it all came through on the Q&A portion of the AGM.

 
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