I know that Nymagee was put in the back burner a few years ago. When I started investing a decade ago the company was trading as "YTC" and Nyamgee was a much bigger in resources (more copper though) when compared to Hera.
Nymagee resources are completely useless now or AMI has got some plans to use in future? At what Copper price we will have the hope to bring back Nymagee live? at the moment CU is trading at 3.12 /lb, can I say if CU remains consistently about $4 we will have Nyamgee back in action?
I am not sure if the resources at Nymagee extractable with a cash profit at $4... if it is going to be profitable then another 50 / 60 cents can be added to our existing share price...
Regards
AMI Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held
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