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I think rayray was joking when he said this:

"As i said yesterday be very careful that they havent already street sweeped up to 90% otherwise you may be forced to tender your shares even if you dont want to."

Massive sell-off here. Good grief. AMX might get another reverse speeding ticket soon- een though POG is bad, and GRY has lost a few % today as well. Still, AMX has lost 1/3 of its SP since the metallurgical results came out.

The AFR says if there is no takeover, AMX could sell some assets, or hope for a JV to fund its program.