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......
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Last
34.0¢ |
Change
0.013(3.82%) |
Mkt cap ! $32.29M |
Open | High | Low | Value | Volume |
34.0¢ | 34.0¢ | 33.0¢ | $8.962K | 26.38K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3225 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 12599 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3225 | 0.310 |
1 | 12962 | 0.300 |
1 | 2000 | 0.250 |
1 | 3750 | 0.240 |
1 | 3913 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 12599 | 1 |
0.345 | 7406 | 2 |
0.350 | 8157 | 1 |
0.355 | 1500 | 1 |
0.375 | 26158 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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