We know they have gold in the millions.
We know they have cash of $37 mill I think.
Management seem ok.
But,as said before they will need many more millions to get the stuff out of the ground. They are cash burning quite alot every qtr.
So imo they will need to do CR. Soon I believe.
I Hold KGM,a good old aussie gold explorer soon to be in production come January. No sovereign risk.
What would I rather hold?
The name of the game is to buy a goldie for its gold and to get it cash flowing positive. When will AMX be cash flowing positive? what year?
I like AMX but I have major concerns.
We know they have gold in the millions.We know they have cash of...
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Last
45.5¢ |
Change
0.005(1.11%) |
Mkt cap ! $43.22M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 49.5¢ | 45.0¢ | $20.40K | 44.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3417 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 1250 | 1 |
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| Last trade - 15.58pm 28/06/2024 (20 minute delay) ? |
| AMX (ASX) Chart |