re: Ann: AMPELLA CONFERENCE CALL FOR INSTITUT...
Totally agree goochie & tim, another overreaction and opp to accumulate further at bargain basement price.
And with the SGS lab coming on stream shortly, drilling is currently only 4.9kms of strike length, a fraction of the 110kms sheer zone AMX have locked up with 3.1moz and counting esp with deeper drilling and full compliment of drill rigs now on site (or very shortly). And they're still acquiring further land packages!
No, as someone who got the story early and bought in at 40c hearing Kitto speak at ADU several years ago, this simply presents yet anther opp to buy and hold for an eventual TO.
In my view, this will in all likelihood be the outcome and clearly the company is preparing for that possibility with corporate advisors announced in the latest quarterly.
Next week Kitto speaks at Indaba with instos surely starting to wise up to this opp and the significant upside it presents. Watch Colonial & Blackrock, methinks they'll be topping up also.
Cheers Timbogold
AMX Price at posting:
$1.36 Sentiment: Buy Disclosure: Held
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