i'd say it will bounce around in a range 40c and 60c until some...

i'd say it will bounce around in a range 40c and 60c until some news flow of significance come to light.

I think that proving up a second or even third economic deposit will be a major catalyst for change and degate any concerns about the reliance of mining less desirable ore components at konks.

AMX used to attract a big premium for blue sky potential - this has been well and truly wiped [and then some] because of the focus on developing Konkera with perceived questionable met-work . The market soon forgets about exploration potential in this kind of market.

So now AMX must earn back not only the blue sky premium but also the valuation that goes with a "green light" project. They need two things:

1. PFS study completion to show market the current konkera project has a green light for producion. This will win back the full valuation of the current JORC imo.

2. Some actual JORC contributing regional finds. Only then will they regain the blue sky premium = proof of a multi project gold belt. The market will then ask " what else is out there in batie ? "