Diggers & Dealers Awards, page-40

Thanks KKR for sharing Ord Minnett report, they are supporting AMI in the last couple of years.

But no hope left to AMI after this shocking quarterly result, the market waited long to see Kairos benefit in the result after being delayed more than a year. But what we see, simply unbelievable, after spending tens of millions of dollar as growth capital to reach Kairos, AMI team can not produce gold with low AISC from a high grade ore body even with massive base metal by-product with current record price. Suddenly now the management is telling, Kairos feed can only be 20% of Peak feed, question raised - did they actually managed to reach Kairos or is Kairos exploration result correct? Last six months, operation hardly add any net cash to the business. After massive Dargues failure to date, the market expected some positive from Kairos, but again disappointed. Entered to AMI about three years ago when the SP hovering around $0.8, but after three years, it adds frustration one after another.

Hope Ord Minnett can continue its support to AMI, but my confidence shattered to the current management team. Hope sudden exit of ex-Chairman was not due to Dargus purchase?

DYOR.

Cheers,
Gain7