Now that what u call outstanding results...some were deep but most of it near surface with high grade...as to compare amx and gry...
I like gry but only when they are trading at same price...the reason behind that is gry has planned to produce 200k tpa...better grades...
Now coming back ampella, its definitely first choice by looking at the share price differences..they have low grade compare to gry but share price is lower only becuase it is not as liquidated as gry...ampella has infact 100m less shares on issue compare to gry..thats attractive to me becuase it brings less dilution and more eps later...
I was bit negative on this assay results announcements earlier because of its delays but i liked todays announcement...more confidence in ampella..low volumes and not much liquidated stock so it will go up quickly exactly how it went down quickly...now its buy sentiment from lt buy...
AMX Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
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