AMX aerometrex limited

Ann: Quarterly Activities Report , page-6

  1. 1,890 Posts.
    Thanks Gundi.

    No doubt they have some good new prospects shaping up. Torkera could turn out to be substantial, but early days still.

    Lots going on in the geology there at Batie. A real mixed bag , which I would assume can complicate the approach(s) needed to find the sweet spots. But I'm sure PK is learning more with every drillhole , even if it is trial and error to a degree.

    Happy with the cash burn rate, as long as the majority of $$ is being spent in the ground. I see pay cuts have been mentioned , but no specifics on who and how much. More clarification needed here, this part of the report was purposefully vague imo. Mgmt not off the hook with me in this regard.

    I was surprised to see so much cash left in the bank .
 
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