AMI 0.00% 22.0¢ aurelia metals limited

Currently good support at 50 cents with some volume (and...

  1. 4,163 Posts.
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    Currently good support at 50 cents with some volume (and interest) kicking in. 45 possible I would say - depending on POG and what Jerome Powell says tomorrow (important for several asset classes - not only for gold).

    Dividend fine. Keep cash is not a stupid idea. Lot of drilling and exploration. Possible acquisition in the cards. Part of the mediocre announcement was obviously anticipated and partly priced in. Minus 8-10% is therefore okay.

    I am not so negative and keep my sentiment to hold. SP below 45 (if we go there...) probably a good entry point with a view to 2022 and a probably higher POG.

    Not so sure that there are so many other opportunities around - but I might be wrong.
 
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