With the new sample prep facility in place as of January next year , AMX will slash its wait-time for drill results. (only two weeks in-lab)
2012 and the remainder of this year is shaping up to be a cracker for AMX.
Expect 2012 to have drill results coming in thick and fast. The management are extremely motivated to prove-up what they believe is a huge gold system. Plenty of cash in the bank also.
Talk of two or three mining ops along a 120km fault = Multiple high grade deposits feeding several milling facilities.
The lure of this for the big players will be all too tempting. A mine that is capable of producing 200k+ ounces a year , for decades , is exactly what lured them to the likes of Kalgoorlie.
AMX Price at posting:
$1.80 Sentiment: Buy Disclosure: Held
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