Disclaimer: All information on this section is of a general nature. Before making any investment decision, you should consult your adviser.
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.