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AMI, AURELIA METALS LIMITED |
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Posts: 8,696 Thanks: 2713 ![]() |
In Reply To: balance's post @ Jul 27 2011, 12:26 PM On June 5th, 2014, YTC Resources Limited (YTC) changed its name and ASX code to Aurelia Metals Limited (AMI). It didn't get recapitalised, as far as I can see. A block of a $156.9 million shares, representing almost 37 per cent of the company's shares on issue, was sold on behalf of mining-focused private equity firm Pacific Road Capital in June 2018. Market cap is around $500 million. Has around $50M in cash and paid a dividend last year. When the well reputed CEO left abruptly in May 2019, the SP dropped 20% QUOTE Aurelia is involved in production and mineral exploration of gold, copper, lead and zinc, in several projects: Hera (Mine & Federation Project), Peak Gold Mine, Nymagee Project and Dargues mine. It claims to be one of the lowest cost gold producers, with AISC at $1035 an oz fpr 46koz. Hera mine near Nymagee has a short lifespan (2 years) but nearby Federation is bringing in promising intersections . Acquired Peak Mine near Cobar (4 year life) and has proven up Kairos orebody to be a rich polymetallic lode, with significant gold in the mineralisation.... will commence mining their Kairos deposits in the June quarter. Dargues Mine in SE NSW is a recent acquisition. Not a Tier One miner, but manages to sweat their deposits, and keep costs down. -------------------- "Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman
"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne |
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In Reply To: N.M.Mer.'s post @ Jul 26 2011, 10:43 PM Shhh, YTC is a secret. They are in good territory and so far the drills look good. -------------------- Day Trader: Lowest form of life in the known universe.
Shorter: Can limbo under a day trader. Investor: Salt of the Earth.Sits to the right of God (Warren Buffet) Share prices are only ever manipulated down. Paper losses are not really losses. Chat site posters always know better & know more than anyone about anything. I'm 29. The cheque is in the mail. |
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![]() Posts: 511 Thanks: 39 ![]() |
In Reply To: Marsupial's post @ Jul 26 2011, 08:54 PM I hope you are right oh pouched one. I got into them at 0.295 previously and regretted selling out. So I bought back in at 0.60 a few months ago. It seems like a great story and the momentum is building. I went through Cobar two weeks ago coming back from a little gold fossicking at Sandstone and Leonora. I was tempted to pop in and have a talk to anyone I could find, but I got there too late in the day. Cheers, N.M.Mer. -------------------- Disclaimer : Believe nothing I write .
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![]() Posts: 2,398 Thanks: 118 ![]() |
I think YTC has a strong future. Going up to Cobar for site visit in September. They are drilling in elephant country.
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Posts: 185 Thanks: 5 ![]() |
Great day and week.. and volume.. finished strong tday......
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Posts: 95 Thanks: 18 ![]() |
looks like they are getting it together, i can see it back at $1.20 very shortly, my fingers are crossed.
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![]() Posts: 3,299 Thanks: 1168 ![]() |
YTC has had some great drilling results recently.
Nice chart, lots momentum. In for a trade to mid to high 60's. Mick -------------------- sent from my Olivetti Typewriter.
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![]() Posts: 511 Thanks: 39 ![]() |
He already has one. Maybe a concience !
-------------------- Disclaimer : Believe nothing I write .
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-------------------- "I don't mind unattractive people who are nice or attractive people who are not so nice, but please... if you're unattractive and an ass hole, I have no time for you at all."
Dg twenty-first century prophet and dreamer. |
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![]() Posts: 511 Thanks: 39 ![]() |
Anybody interested in this little Company ? Their exploration is getting exciting. They shot up 11.4% to $0.40 this am, after a nice report of more good copper intersections under the old Nymagee pit.
I bought in at 0.295 on Nov.22 on a brokers tip. I will have to buy him lunch ! -------------------- Disclaimer : Believe nothing I write .
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