I'd be happy to see a decent valuation for the known resource by the market. That would be a good start, any new results should be a sweetner.
The release of the PFS is much anticipated by analysts. BA-Merrill Lynch has a hold rating on AMX until its release for example. Big rerating back to the peer group averages if it ticks the boxes.
But proving up the "gold province" story will be a key price driver in the longer term picture (prove the scale-up story) . They've hit quantities of gold pretty much everywhere they've drilled at Batie, just need to find more concentrated areas like Konka. They're out there.....just need to find em...
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I'd be happy to see a decent valuation for the known resource by...
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1 | 24000 | 0.430 |
2 | 25225 | 0.410 |
1 | 1126 | 0.405 |
1 | 25000 | 0.390 |
Price($) | Vol. | No. |
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0.465 | 1250 | 1 |
0.470 | 1400 | 1 |
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