AMX aerometrex limited

big picture, page-2

  1. 1,890 Posts.
    Well there's a few co's over in BF that could really improve their project pipeline with a T/O of AMX.

    Example...

    Semafo:

    They know and operate well in BF and have simular ore type to AMX . Have Reserve of 1.98 m ozs at 2.4 gpt, which is included in 4.8mozs resource @ 1.93gpt. Other ops not much. MKt Cap $1b....So they could increase reserves by prob 50% or more and resources would probbaly double ( Assuming a resource upgrade for amx) by offering say a minimum $1 per share for AMX, which values AMX at $200m in round figures...and they have this sort of cash almost in the bank....they know how to operate in the country very well...well respected...so by spending $200m or even $250m, they could potentially double their mkt cap to $2b when they get konks online. Wouldn't be hard to sell that to their shareholders is my bet.

    This is just one example , plenty of others that have the motivation and means to take out AMX if they want.

    They have a chance to buy the known resource at a nice discount and get the rest of the land package thrown in for free. A very easy sell to the suitors shareholders for approval.
 
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(20min delay)
Last
21.0¢
Change
-0.005(2.33%)
Mkt cap ! $19.94M
Open High Low Value Volume
21.5¢ 21.5¢ 21.0¢ $11.79K 54.94K

Buyers (Bids)

No. Vol. Price($)
2 2424 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 55503 2
View Market Depth
Last trade - 11.27am 01/08/2025 (20 minute delay) ?
AMX (ASX) Chart
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