Responding solely to FRbeard: I definitely agree. Just a minor, minor note... AAMs aid they needed $1m to increase production rate... but actually raised $1.4M. $400,000 isn't much, but, perhaps, just perhaps, it's enough to stave off a cap raising?
They did say they didn't expect any more in 2009 (then did $1.4M)... but, AAM certainly are leaving the door open for a cap raising in early 2010. However, a cap raising would probably be good news anyway :).
They keep telling us it'll be cheap to expand the plant.. perhaps, just perhaps, this will be able to done with the profit from gold circa halfway through next year?
AAM Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
