Stefan41 and littlecorn took the words out of my...

Stefan41 and littlecorn took the words out of my mouth.

Underwhelming was the first thing that came to mind.
And, after significant $$$ and time spent infill drilling, I was expecting significantly more than a 6% JORC increase.

If it took that long and that many $$$ to infill a KNOWN resource area to get an extra 180k oz, how long and how many $$$ will it take to EXPLORE for, and LOCATE, then INFILL and PROVE UP another target and get an extra 300k to 400k ozs?? as stated by the company to enable PFS.

Despite the horendous fall of the SP from $1.30 odd to approx 26.5c I kept seeing value and thought that fundamentals and potential would always prevail over negative gold sector sentiment. For me, the AMX happy bubble popped today (at current SP level). Still have to deal with the metallurgy and that only 25% of the total resource at Konkera Main and Kouglaga is amenable to convential CIL processing.

Will wait and see what happens to the SP over the next few weeks combined with assesing the promised Feb exploration results from Napelepena, Torkera and River Crossing if they ever come.