AME is doing alright. Not the most impressive chart but they are building up Au oz and value for for shareholders. Each incremental capital raise is appreciating value and de-risking the project.
The modest growth is a symptom of slow technically difficult drilling i guess.
Year Au k oz grade (g/t) Shares (mil) Au oz/1k shares 1 2022 635 1.6 528 1.2 2 2021 331 1.7 450 0.7 3 2020 331 1.7 293 1.1 4 2019 290 1.7 287 1.0 5 2018 124 1.5 195 0.6
AME is doing alright. Not the most impressive chart but they are...
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