From the above info it appears that AMI are purchasing an operating gold mine near Braidwood that has recently had a BFS and a plant built to process the ore by Pybar...which is AMI's mining contractor in Cobar.From recent historic exploration I can't see much problems with the rather good results from drilling in the area where there appears to be abundant deposits of gold mineralization,and that it is mining-ready and can only be of benefit to our company.Pybar is known to be a constructor of mining infrastructure and a contract miner and would not have proceeded to mine if the way wasn't clear for it.Thus my feeling is that this purchase can only be of benefit to AMI if it goes ahead.
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18.5¢ |
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Mkt cap ! $312.9M |
Open | High | Low | Value | Volume |
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36 | 1781965 | 18.0¢ |
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18.5¢ | 265074 | 13 |
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13 | 342653 | 0.175 |
13 | 567604 | 0.170 |
12 | 1290393 | 0.165 |
10 | 511350 | 0.160 |
Price($) | Vol. | No. |
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0.185 | 274106 | 15 |
0.190 | 271808 | 12 |
0.195 | 741058 | 13 |
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