Thanks Speccy, good insights and good research. Agree on the SP, it’s bizarre how it hasn’t moved, I’ve been adding monthly on the dips and can’t say I’m annoyed about how cheap I can still buy these considering the positive flow of drill results.
Someone is selling these shares, how can they accumulate 6 million shares on market and not move the price? The only day the SP jumped was when they bought 2 million units on a Friday several weeks ago to close at 37.5c. Other than that someone just drip feeds shares on a daily basis in the 33-35c range.
I’m guessing once this stops, things will go exponential but when is anybodies guess. All I know for sure is you don’t buy more shares on market when you own 30% unless you have an escape plan of some kind. These guys will never get to production, never believed they even considered it. Will be a take over in my opinion and hopefully for a massive premium to current sp.
stay patient everyone, the reward will come at some point.
Cheers,
Adriano
AML Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held