It could have been due to investors wanting their money out of the fund or something more concerning, eg a negative view on gold and AMX's project.
It looks like Taurus has AMX all to itself (except for CBA which has a 7.9% stake).
We need a major uptrend in the POG to get the market interested in near developers such as PVM, AMX and GRY. AZH has found a home with TRY (if the merger happens) and of the remaining companies AMX would be in the weakest position. I am not including AZM (RIP) in the category of near developers as it has a dud project even at a higher POG.
loki
AMX Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held
