Aurelia Metals Ord Shs T.AMI

Primary Symbol: AUMTF

Metals & Mining Industrial Metals & Minerals

Aurelia Metals Limited is an Australia-based gold and base metals mining and exploration company. The Company owns and operates two underground mines and processing facilities in New South Wales: The Peak Mine is in the Cobar Basin in western New South Wales, and the Dargues Mine is in south-eastern New South Wales. The Peak Mine is located in the northern Cobar Basin, south of Cobar in central-west New South Wales (NSW). The Dargues Mine is a gold mining and milling operation located in the Southern Tablelands region of NSW, approximately 60 km south-east of Canberra. Its preeminent near-term development projects include Federation and Great Cobar. The Federation deposit hosts high-grade zinc, lead, and gold mineralization and is located approximately 10 km south of Hera Mine. The Great Cobar Project involves the development of a satellite base metals and gold deposit, north of the New Cobar mining complex at Peak Mine.

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Aurelia Metals Ord Shs > This sure is one quiet board

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Comment by Teatimenowon Jul 31, 2015 10:00am

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Post# 23979420

RE:This sure is one quiet board

certainly the cheapest Royalty play currently on the market.
6-7mm per annum in cash flow at current gold price with most of the mines having a mine life of more than 10 years.
OSK and SAND the most likely potential bidders, while i guess OSK could easily outbid SAND.
Would be very surprised if AMI would notrecieve an offer in the coming weeks.

Only Q is: Kemess - is a it more a liability or a valuable asset.
But the fact that they already mention an 2% NSR on it, the plan might be to sell and keep the royalty.

Fair value around 1$/Share...

cheers
teatime

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