ASX:AMIMetals and Mining
Does Aurelia Metals’ (ASX:AMI) Lapsed Performance Rights Quietly Recast Its Capital Allocation Priorities?
On 9 January 2026, Aurelia Metals Limited reported that 2,490,580 performance rights had lapsed after not meeting the conditions required for conversion into securities, meaning no new shares will be issued from this tranche.
This lapse effectively removes a potential source of dilution, keeping the existing share base intact and subtly improving per-share exposure to any future operational outcomes for current investors.
We’ll now examine how the lapse of these performance rights, and the...