Fully agree. Mr Brazil didn't invest his PERSONAL time effort and MONEY at HIS AGE without a thought for a greater future. Heard the man speak at the AGM and while being deferential to other directors you could sense the respect and deference shown to him by them. They are neither fools nor sycophants. I would go back and listen if you are unsure about the future direction of the company. No - longer is their an idiot allowed to make a decision because they feel Gold grades are higher than drill holes or the resource says. Sanity has arrived as well as security in a holder with a significant stake most bought above 15c with a greater outlook in view.
If you figure there is no chance of senility involved you can see a sharp mind picking up a bargain FAR FAR CHEAPER than he originally thought.
DYOR+DYODD I got my shares a lot cheaper than he did,but he didn't want to take the whole lot and go past 19.9% which opened that opportunity for me at around two thirds of what he paid. Fortunately for me most think us elderly people have nothing to do but gamble with our money and our brains are dead and unable to think logically.
AMI Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
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