AMX 5.88% 32.0¢ aerometrex limited

Introvert/gundagi.....In short imo cash cost was anticipated...

  1. pp
    2,343 Posts.
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    Introvert/gundagi.....

    In short imo cash cost was anticipated with oxidation ckt and mettaulergy was around $780 last year...that does not include other cost..so just be realistic to say the production cost would be around $1000 or more because most of the resources are very deep imo..or otherwise u can be very ptimistic and say $700 but then it would only disappoint you with final figures and may incur financial loss..be aware that pfs has been delayed couple of times with new drilling target...obviously thats happening for a reason.. And a reason that paul might dont want to speak in public...now u know why blackrock has reduce the exposure..see they didnt sell for no reason..i like amx with its large resource but i believe patience will give my opportunity to buy this at much lower price than today..
 
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