Much better explanation of the Met-work and resource breakdown per ore type and recovery methods in the lastest ann.
I just wonder why it has to take an 80% drop in share price to finally draw an articulate statement regarding the issue.
Surely this could've been more thoroughly address from the outset. Or has new detail been crunched since?
At any rate , this latest presentation should give investors more confidence going forward from here.
As noted, Perseus and many other leading producers in west africa are using the same methods with profitable opperations. Applicaiton of regrind and albion further down the track will open up more ore type to higher commercial viability if so desired. And likely at a higher gold price by then.
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Ann: AMPELLA PRESENTATION , page-2
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Mkt cap ! $19.47M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 20.5¢ | $11.00K | 52.82K |
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2 | 32552 | 20.5¢ |
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22.0¢ | 23683 | 1 |
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1 | 100000 | 0.190 |
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2 | 8294 | 0.170 |
Price($) | Vol. | No. |
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0.220 | 23683 | 1 |
0.230 | 12000 | 1 |
0.240 | 3670 | 1 |
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