Worth having a discussion. Some of the best prospects around with AMI. Share price is being held back by: 1. Ructions at Board and Exec over recent years. 2. Associated changes in direction. 3. Jaundiced view of Dargues. 4. Bit of a lag before money flows from new opportunities.
Not my biggest holding but near the top. Why? 1. Cant deny the quality of the resources. Whatever spinning occurs at Board that remains true. 2. Existing ops generate cash-flow to do the development - far less exposed to current inflationary environment. 3. Base metals and gold are an offset for each other - times are good base-metals thrive, times are bad gold thrives. 4. Not a long term holder so above water and not coping with negativity of opportunity cost of holding etc etc. 5. Pretty universal analyst support.
Hoping for doubling in price over next year or so.
AMI Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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