This is an extract from an August research note from RFC Ambrian on AMX.
A pre-feasibility study on a targeted 200,000oz pa operation is due for completion in late Q1 2013. The company intends to launch straight into a definitive feasibility study after this (due for completion in 3Q 2013) with production at Konkera planned for early 2015.
It goes on....
Drilling at Batie West has already returned some excellent results, including: 12m @ 16.1g/t, 74m @ 2.6g/t, 9m @11.9g/t from three new discoveries Doubema, Wadaradoo and Foumbiri.
Shouldn't lose sight of the project. 200,000 ozpa.
R
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