oxides

I think AMX are very close to having the targeted 400k.oz oxides in hand (probably more than 400k/oz actually).

The oxide areas have now been identified and estimated by the looks , now just need some infill drilling to get the ounces into JORC compliant status for PFS inclusion. Will likely be a shallow "cherry pick" and truck operation getting the oxides to the konks plant for blending with konks ores, to get 2-3 years of oxide only feed , head grade could be around 2g/t for this material, especially the stuff from torkera, wardaroodoo south and kouglaga.

Suggest a month or two to get drilling completed and assays returned. The slot the new ounces into the PFS , which shouldn't take too long.

We may actually see the PFS released in Nov/Dec this year ? Maybe even end of OCT if they get a move on .

If allin cash cost are anywhere under $1000/oz , the market will have to take a serious look at how low they have pushed AMX. A quick "first stop" rerating to $80million market cap or 32c wouldn't surprise , looking at the peer group. There are co's out there with alot less gold , less cash and smaller land packages that are trading around $80-$90mill markcap.