AMI 1.11% 45.5¢ aurelia metals limited

That's a good thing, not a bad thing. With mining companies, you...

  1. 887 Posts.
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    That's a good thing, not a bad thing. With mining companies, you want the pb to be higher because otherwise they'd be buying too much mining equipment. Also, some dodgy mining companies account their mining reserves as book value to trick investors into thinking pb is low.

    IMO, this shows smart capital allocation and only buying necessary equipment for what the project requires.
 
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