AMX 0.00% 34.0¢ aerometrex limited

future drilling success is already factored into the SP...

  1. 739 Posts.
    future drilling success is already factored into the SP IMO...and rightly so, the future looks good, however i would not be buying in at these levels. AMX will need at least another full year of drilling before the proved and probable category gets underway and a JORC can be released and for AMX to maintain a SP level in excess of $1 it will need some huge drilling results in the short term, and a jorc of +2mOZ

    at current levels i would prefer to wait for a better buying opportunity
 
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