Update on the onsite sample prepping facility , and what it should mean for the functionality of amx's business/ operational improvements :
The extractor fans arrived last week for the new sample prepping lab (final part)
Lab should be operational very shortly (my assumption)
The lead time from drill to assay, is expected to be around 2-3 weeks !! Current lead time is 4 months !!!!
Side note: Can you imagine a photographer having to wait four months to get films developed !!!he'd starve or at least be living in the gutter ! .Thats whats been happening with amx in the last 12months , hence this disastrous share price .
Samples sitting at the lab could be retrieved , processed onsite , and resubmitted back to the lab (clearing the backlog much faster)
Long term holders of AMX would remember the days when results used to filter through every other week. Now, with more drill rigs than ever onsite , you can expect an absolute flurry by about July/August by my reckoning .
I feel the worm is about to turn , as they are about to overcome a HUGE operational hurdle. AMX will return to what should be a time when they add on more ounces, faster than ever.
They now have all the ingredients to pile on the ounces: fast assay turnaround, drill rig availability, intricate knowledge of the mineralogy/geology/structures and most importantly a cracking set of digs possible of hosting several economic deposits , ultimately uncovering not just a single project , but a whole new gold province.
By the end of this year , the market will have realised they underestimated this goldie by a big big margin imo.
Biggest undeveloped gold resource, in a county that the big boys are banging on the doors to get into.
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aerometrex limited
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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($) | Vol. | No. |
---|---|---|
22.0¢ | 23683 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4599 | 0.215 |
1 | 4766 | 0.210 |
1 | 60000 | 0.205 |
4 | 255485 | 0.200 |
1 | 100000 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 23683 | 1 |
0.230 | 12000 | 1 |
0.240 | 9343 | 2 |
0.250 | 2000 | 1 |
0.265 | 4791 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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