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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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($) | Vol. | No. |
---|---|---|
23.0¢ | 55503 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2424 | 0.215 |
3 | 35257 | 0.210 |
4 | 157389 | 0.205 |
3 | 77500 | 0.200 |
1 | 4615 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 55503 | 2 |
0.240 | 38653 | 1 |
0.245 | 4077 | 1 |
0.250 | 22011 | 2 |
0.255 | 15000 | 1 |
Last trade - 11.27am 01/08/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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