Isn't the main problem for AMX that the drilling results released over last 12 months have been relatively disappointing after the rush of grest results at produced the 3.1m oz resource over the previous couple of years. Back at $3 a year ago, investors could have hoped for 5m plus oz by now with some in measured and more in indicated categories. Disappointing drill releases = depressed sp. Maybe not entirely within managements control (exploration has degree of luck) but basically poor performance punished by market's 90% sp hair cut. High expectations cause high disappointment.
Could bounce back with change in sentiment but really AMX's future depends on some much better results being released.
Nothing special on Google Earth of Batie area as far I can see. What are you looking at?
AMX Price at posting:
31.0¢ Sentiment: None Disclosure: Held
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