Wow, it seems everything is under control then. Not sure.
Islamic finance? I wouldn't think that anyone would give $120m away without some guarantees by that I mean a big stake in the company. Are there any explorers without assets that got a number of finance options before not involving issuing shares?
I still believe they are all knocking at the door of other big miners begging to be acquired, merged or financed. What might happen is that they will make an offer to the current shareholders at a discount by then everyone will have to make a decision to stick around for a while if they think is worth the investment.
The reality is everyone thought they would keep finding lots of gold. If they can find another 1m ounces then we could all be a bit more excited about it. Otherwise we can only hope.
AMX Price at posting:
28.0¢ Sentiment: Hold Disclosure: Not Held
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