This has to be a confidence builder for Ausmex investors. If my memory serves me right, this
PNX JV includes the very same tract of land way back in the mid 1800's that
put Burra and surrounding areas on the map - the Burra, Mongalata, and
Princess Royal Mines. What a coup for Ausmex and what a brilliant move to get the University of
Adelaide involved - that should expedite the process and give them access to
lots of information and technology hopefully. All I can say is that if what
I've read and heard about the Ausmex team is to be believed, I'm definitely
along for this train ride.
AMG Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held