If our good friends at the FED decide to fire up the helicopter this week , the risk-on rally that will eventuate over the next few months could play out very well for AMX (and other co's developing an AU mining project)
They have a truck load of assays due back from the labs (to be cleared by end of OCT) This should be well timed for release into a favourable market[risk-on], where they may actually get some attention and traction in the sp.
Lets hope they've got some top shelf results on the way.
Ps. New results aside , the resultant improvement in capital markets will be extremely bullish for later stage explorer/developers , as the percieved "risk" of them not having access to capital to finance the project will disapate.
I don't believe that such a risk was ever a likely one to impact on amx , but perceived reality is more powerfull in the market than realitly itself it seems.
Carpe diem
AMX Price at posting:
56.5¢ Sentiment: LT Buy Disclosure: Held
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