Yes 20 cents will be readily achieved but 20-50 cents is also quite possible if the first few holes are good intercepts & half decent grades.
This small explorer has got as good a portfolio of properties as any explorer on the ASX. Advanced targest in vanuatu & Fiji that are stand up drill targets oozing with gold grade at surface, big outcrops and large foot prints indicating a major ore body could lay below the surface outcrop.
2 for the price of 1. R Crabb is touched. Had a huge result with PDN and this although not in that league is certainly a potential 10 bagger.
Hardest part is trying to get hold of any stock as its held as tight as a drum. Everyone around this company are super super confident they will hit it big from what I'm hearing but the market has completely missed it.
Considering what many very ordinary explorers are trading at on the ASX, its an insult to little class outfits like this. That's the price of keeping yourself to yourself and not granstanding I guess but is amazing how often the serious quite achievers bring home the treally big discoveries when nobody is paying attention because the people running these companies are too focused on their work and not bashing their gums with tall stories.
AMG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
