Now folks, have a look at the AAM threads over the past few days after the SSP announcement. What do you see? The sentiment has been extremely negative. Loads of people who used to like AAM sold out. Can we say the market has reached an extreme?
I bought some more at 16.5c yesterday, after the update.
Besides, how many start up producers have traveled through the commissioning and ramp-up phase with no hiccups?
For every seller there is a buyer. And if we sell up at around $30m for 1.7moz resource, a mill, and all that's been done so far, I bet there will be some others laughing that they are getting such a bargain at this stage of the super gold bull.
AAM Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
