Let's look at another African junior that got mangled for comparison.
PRU was smashed from $1.50 to 20 cents in the 2008 GFC with some folks suggesting it was game over for PRU as PRU did not have anywhere near AMX's $40 million plus cash.
Since then PRU has raised all the finance needed to get its gold mine into production in Ghana and has traded over $4.00.
So looking at AMX, considering the gold resources AMX already has and AMX's massive exploration upside, there's nothing that a US$2000 gold price or more positive sentiment for gold equities won't fix imo.
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $20.42M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $18.66K | 85.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4599 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 23683 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |