I think it’s an opportunity to get in with the Federation update imminent.
Given the article in the Cobar weekly suggesting there is now 7Mt of material, compared to the last resource of around 5Mt this is only going to enhance the economics. Given Federation is still open in multiple directions this could potentially become a 10Mt + resource which would be fantastic.
AMI Price at posting:
48.3¢ Sentiment: Buy Disclosure: Held
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