They also fail to take into account the likely operating cost of the deposit.......
As the mineralization is near surface the strip ratio is likely to be low (And i believe the chemistry of the ore is quite benign), meaning AMX would likely be a low cost gold producer.
This makes the $215/ounce a low ball as a premium should be attributed to the lower than average cost of recovery.
I sometimes really do wonder how these guys have jobs with such incomplete analysis......
They also fail to take into account the likely operating cost of...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.74M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11164 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 3165 | 1 |
View Market Depth
| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| AMX (ASX) Chart |
Day chart unavailable