Replies to post #121953 on AMC Entertainment Holdings Inc (AMC)

[1vman]

*****AMCs investment in HYCROFT a losing venture

Operations Update:

Processing of gold and silver ore from the leach pads from prior mining operations ceased in December 2022. The Company is developing a commercial scale milling operation for processing sulfide material, which accounts for the vast majority of the current mineral resource, along with existing and planned heap leach facilities for processing oxide and leachable transition material. An in-depth study was undertaken to establish the optimal processing method for the sulfide ore. The process yielding the highest recoveries and hence, best economics for the project, is pressure oxidation (POX) – a proven, conventional technology that has been utilized at mining operations around the world for decades.

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