3million oz+ , $25m, strength to survive

In a sector currently experiencing the biggest wash out in 40 years, Ampella is very very lucky.

Last cap raise at $1.30 was the best thing they've done in the last 18 months. The $25 million in the bank is going to be an enviable position when all this is said and done.

Kitto and co. will be dropping a few gears, slow and steady for the next 9 months. While a lot of explorers with low funds die and producers with bad books fold, Ampella will still be exploring.

Hold on, buy a few more as you go. Don't sweat it.