AMX 0.00% 36.5¢ aerometrex limited

You seem to have missed the point of my post I'm affraid. Re...

  1. 1,890 Posts.
    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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