RE: Does it make any sense? Yeah,
is a strange one, the asset is very good i think, grades, commodities, open-pit potential, all stacks up.
but, Egypt does bring with it a significant discount, the company recently employed an IR girl, perhaps she could earn her salary by actually getting the message out that it is ok to do business there? i have not heard much from them in that regard.
also spoke to technical management a while ago, not impressed, i think AM is a good operator, but their geo's may not be top shelf, some of the info is quite poorly presented.
in for the long haul, and at 2.5c, i'm buying.
TS