You seem to have missed the point of my post I'm affraid. Re sentiment driving stock prices.
And as for your assertions about Amx not being currently economical , I'd hardly say you'd be an authority on the subject from where I'm sitting .
You can delay a project because you want to enhance and optimise the way it is built and paid for , what is built and when , not necessarily because its uneconomical. By pushing the timeline back and finding available oxide ounces , they will ultimately save investors debt and dilution ( for reasons discussed on the threads already) Sure, they could most likely pull the trigger now , but it wouldn't be the smartest move in the long run and not in the best interests of shareholders .
I see you hold a position in GRY .
It's share price has collapsed just as much as Amx . Does this mean the market is correct about GRYs future also ? Is their project going to be un profitable ? Well market sentiment certainly suggests so , their share price has plunged since the BFS
They've been active in Burkina 3 more years than AMX .
Where's their mine ? Why aren't they pouring the yellow stuff ?
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Last
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Mkt cap ! $34.67M |
Open | High | Low | Value | Volume |
37.0¢ | 41.0¢ | 36.0¢ | $26.42K | 70.92K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 25000 | 36.5¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 25000 | 0.365 |
1 | 60000 | 0.350 |
1 | 30000 | 0.335 |
2 | 57126 | 0.330 |
1 | 40000 | 0.310 |
Price($) | Vol. | No. |
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0.400 | 3750 | 1 |
0.405 | 445 | 1 |
0.410 | 18002 | 1 |
0.420 | 30000 | 2 |
0.445 | 18253 | 1 |
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