Trombone that is easy to answer: AMX has not shown the ability to deliver to the shareholder and market expectations!
Credibility and trust is a funny thing. would you give your money to someone starting a company if you are not sure if/when that project will ever be profitable? If you know they will need to ask more people to fund it? If you are afraid of the risks? if the project is very complex even for "expert" geologists? If you are afraid that the team is not really performing well?
They failed to convince institutions (big buyers) and retail investors about the viability of the project. Failed to find to increase "significantly" the resources. I think that is what they haven't shown lately.
If all goldies were doing fine, then AMX could be in a better position. But the game has changed, explorers are in for a wild ride. approx. 8 out 10 investors in explorers lose money. are you feeling lucky?
Trombone that is easy to answer: AMX has not shown the ability...
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.89M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23054 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 22419 | 4 |
View Market Depth
| Last trade - 10.17am 19/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |
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