Amazing really, isn't it ... why bother hiring a mining finance specialist, when there are so many 'smarts' on HC.
For those with short memories, remember FMG 6 years ago??? No one would back it. Very few profs even had a position. Nah too easy to bag Twiggy.
Then along came Leucadia with a compelling offer (converts), FMG gor their financing and never looked back (though of course have different challenges today).
Far too many ready to write off quality.
Plenty of ways to finance from PF, debt, converts, off-take, % stake of project, corp level etc etc.
Nevermind 150 kms of sheer zone, 3.5Moz, God knows how many targets and still plenty of prospectivity.
IMO quality projects will get away - and I'm prepared to back AMX all the way. That's presumbly why insstos hold 70% of the stock.
Timbogold
AMX Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
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