From what Mr Bowles has suggested in interviews, the plan is to...

From what Mr Bowles has suggested in interviews, the plan is to build a 1moz mineral resource and then scoping study. Mineral resource update due March 2023. Likely to be around 800koz. Could approach 1moz. But unlikely. So basically 1-2 more capital raises until scoping study completion.

In my opinion, whoever is lurking in the back ground (West Gold probably) is keen for minority holders to fund the exploration to 1 -1.5moz. At which point they will pounce with a takeover. Of course if market sentiment turns drastically more positive for gold juniors then take over offers will come flying pretty rapidly.

With crappy capital markets the board is pretty happy to sit around and just drill out with one rig. So AME is very much a speculative timing the market investment. Basically we shouldn't be expecting anything to really happen until the gold market builds momentum.