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Ausmex Mining Limited (ASX:AMG)

 
While the failed asset sale to Jin Resources is a disappointment, we believe that - particularly in light of a robust Australian dollar gold price environment - AMG will ultimately be successful in finding a buyer for the Gilded Rose gold project. However, we have pushed out the sale to FY21E, while maintaining the original cash consideration at A$4m.
 
6/03/2020 12:21:36 PM

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