No doubt fair value will be achieve at some time. That is what the market is for and the result of the combined self interest of all participants.
What AMI needs to contend with is the fact that other miners with better production profile, much better operational performance and consistent history of over achievement; have also been wacked by the fear and sentiment. 3 factors that have left this company the same time Jim Simpson did.
I have given this a 4 year investment timeframe and time is now up. Moving on to greener pastures with the small profit that I have because It's far better to own a wonderful company at a fair price than a fair company at a wonderful price.
AMI Price at posting:
34.0¢ Sentiment: Sell Disclosure: Held
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