Australia's largest stock trading and investment forum Australia's #1 stock forum

AMI

Click for more information

1.56%

16.3¢ aurelia metals limited

Whither the Share price today?, page-1175

First 1175 Last

Share
Profile

Follow
tangs

40,247 Posts.

508

28/02/20

18:46

Post #: 43223719
Share

Originally posted by precis: ↑

The small amount base metals have moved is insignificant given we have gone from selling hedged gold at $1911/oz to now selling at market at $2500/oz. Remember it is normal for our revenue to be about 70% gold sales. Only the last quarter did this drop to 60% and for reasons that were explained. April should be the end of sub 50c prices. From memory in the first half we turned over around $165 million. That is set to increase markedly because of the Mill upgrade, milling better graded ore, April sees the start of mining Kairos with its high grade gold, and we have only 9000 oz of gold hedged at $1911 to sell in the June quarter. In addition, Peak North high grade gold could add to the pot in the June quarter if planning and mining is fast tracked as the company has flagged.
There isn't too much wrong with holding around $70 million in cash which is what the balance should be about now.

Expand

My thoughts too .
Next quarterly should dispel any fears and at some point or other the market will start to reward gold .

AMI Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17, refocuses on Minyari Dome

There are more pages in this discussion • 575 more messages in this thread...

First 1175 Last

Add AMI (ASX) to my watchlist

(20min delay)
Last 16.3¢		Change 0.003(1.56%)		Mkt cap ! $279.1M

Open	High	Low	Value	Volume
16.5¢	17.0¢	16.0¢	$203.3K	1.232M

Buyers (Bids)

No.	Vol.	Price($)
19	372572	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	684189	12

View Market Depth

No.	Vol.	Price($)
18	371330	0.160
12	838965	0.155
13	960980	0.150
13	776985	0.145
10	415090	0.140

Price($)	Vol.	No.
0.165	684189	12
0.170	541941	16
0.175	380184	10
0.180	407406	15
0.185	437825	10

Last trade - 11.18am 13/09/2024 (20 minute delay)

AMI (ASX) Chart