The market cap of AMX is around $32million
Subtract the $20million or so cash in the bank , it leaves a valuation on its resources and extensive exploration work at Batie West at a mere $10 million (not even a years worth of exploration expenditure)
So you can buy a stake in the AMX "in-ground gold bank" for around $5/oz . The upside leverage to the current gold price is nothing short of breathtaking if realised...
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 (20min delay)
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $20.42M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $18.66K | 85.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4599 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 23683 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |