Don't know the ins and outs of things as well as you or perhaps others here. Only just bought in.
The Roadshow presentation stated that the go-forward exploration program will incorporate the following:
Continuation of basic exploration + Auger sampling and ground geophysics of Batie West Shear to identify additional targets + Infill and extensional drilling at Konkera
Main and Konkera North + JORC Resource + Follow up scout drilling at other nearby prospects + Kouglaga 42m at 3.77 gpt Au + Pampouna, Doubema & Foumbiri + All within 25km of Konkera
They don't have timelines attached, but my limited understanding of West African weather is that the program will be a function of when the rains stop (difficult to predict accurately with certainty). Too muddy to do much at this time of year.
They did say recently though that they'd try and keep one drill going through the Wet and they also said that it was their intention to maintain a steady news flow even during the down period.
On that reasoning, a new announcement can't be far away. That said, I've pretty much written off much happening in the stock until the drill bits start turning. Perhaps a good time to reload...
BUSH
AMX Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
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