Colinchi
They will come out better very soon...perhaps visually capturing the outcomes of the pre-feasibility study?
Its very hard to capture the sense of scale inherent in the project. But the video is a good start.
Talking today to one of the exec Geos from a large (top 4) Gold company confirmed that they had largely stuffed up over the last 5 odd years. Their greenfields had failed to fire (under-resourced, under budgeted), and most of their Geos spent their time chasing instant ounces (acquisitions) and looking at endless crap projects ,,,,
Barrick, which was built on acquisitions, has found their own exploration cupboard bare, and few projects of sufficient scale available to them on the market. So they are going into greenfields ramp up (this is very high risk), but this takes years to start to generate discoveries, probably 3-20 years.
So it will be VERY interesting to see how things shape up in the next 3-6 months, The Chinese are in their batting against the lumbering majors (who do not quite understand how the Chinese are positioning themselves)... but they way they are doing it, although NOT perfect , is far in front of the Majors....good luck majors...I suspect their stars are fading...
AMX has scale, and the pre feas will be a major event of interest...to state the obvious!
- Forums
- ASX - By Stock
- worth a look
ColinchiThey will come out better very soon...perhaps visually...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMX (ASX) to my watchlist
|
|||||
Last
34.5¢ |
Change
-0.045(11.5%) |
Mkt cap ! $32.29M |
Open | High | Low | Value | Volume |
36.0¢ | 36.0¢ | 34.0¢ | $33.5K | 96.09K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15710 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 8580 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15710 | 0.350 |
1 | 46000 | 0.345 |
2 | 4000 | 0.330 |
1 | 2500 | 0.315 |
1 | 5358 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 1130 | 1 |
0.375 | 16210 | 1 |
0.380 | 6752 | 1 |
0.385 | 22987 | 1 |
0.400 | 2200 | 1 |
Last trade - 10.53am 31/07/2024 (20 minute delay) ? |
Featured News
AMX (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online