Correct, Siam - Dont I know it (PRU)... :)Ampella has 3.1...

Correct, Siam - Dont I know it (PRU)... :)

Ampella has 3.1 Million ounces of inferred/indicated Gold

It has $43 Million in Cash

There is a PFS being prepared at this very moment.

There are NO cheap "takeovers" - "It aint on", according to Paul Kitto.

For those who are concerned about Financing I offer this :-

* Hedging is usually the way to go - Check out the PRU hedge which was criticised by certain HC posters.

* Loans are harder to come by, but are there if the project is "sold" to the lender by Management.... (PRU once again gathered $85 million in this way)

* Capital Raisings are usually the LAST choice that a Company will take - Dilution should be kept to a minimum in order to NOT have Billions of Shares on Issue (as occurs with most of the very low priced resource stocks)

A Combination of the above is always possible and Management have the best information and Skill to address the most appropriate action to raise such needed finance.

Btw, "sceptics", this is not GFC2 and doesnt look as though it will be. So, "Worry warts" should do a little solid and knowledgeable research to analyse the value that AMX presents to The Market.

:) Fish