Another set of excellent assay results, the resource continues to grow.
Unfortunately AMLs' great assay results have been released into a declining base metals, cobalts' (prospective miners) market which has also been exacerbated by the decline in global indices in more recent times.
I haven't sold one AML share (have been doing some buying), and believe the burgeoning growth in the EV market (which is Gov't mandated in China India and Eurozone) along with the increasing demand for battery minerals will see a re-rate of the battery minerals miners next year. And then very rapid growth going forward. Benchmark Minerals Intelligence report that there are now more than 50 battery mega/giga factories either built, under construction or planned for very near future. The growth in Li-Ion battery output is staggering.
The value in AML (and the junior cobalt and lithium sector) will come, 2018 has been a rude awakening after the hype and elevated (bubble) prices of late 2017, IMO institutions have been busy accumulating on the cheap in the battery minerals sector, bot activity has been rampant on trading boards of many junior cobalts and lithiums. I believe we are now approaching the bottom of this sell off in the battery metals juniors and there are some bargains to be had.
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