AMI 5.26% 18.0¢ aurelia metals limited

Following this...

  1. 1,239 Posts.
    Following this
    http://hotcopper.com.au/threads/ann....2332216/page-5?post_id=13962819#.VBIHLtT8KVs
    lets recalculate with 50 mio FCF and 10 years mine life (considering there should lots more to be found at Hera, not to speak of Nymagee, Hebe South, Federation, Pyramid, Queens Cross, Zeus ...):

    10x Hera FCF [at 50.000 ounces x 1000 Au$ op-profit i.e 50 mio / year] = 500 mio
    +20 mio cash - 100 mio debt = 420 mio Au$
    / 330 mio Shares = 1,27 Au$/share. For stage I only.

    So lets hope for a serious increase in the reserve and a Hera plant working way above expectations.
    Then lets find more copper at Nymagee and have management decide to go ahead with that one, too ...
 
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