Ryan Carter | Nobel Financial Journal
May 6, 2025
(YourDigitalWall Editorial):- Dubai, United Arab Emirates May 15, 2025 (Issuewire.com) – In recent weeks, a wave of confusion and concern has emerged among investors following the quiet rebranding and organizational shift from Afrimex Gold Limited to a new entity known as AMX. What’s most notable–and troubling–is the lack of transparency surrounding this transition, which has occurred without public acknowledgment or clear explanation.
It is now confirmed that Afrimex no longer holds any affiliation with AMX, despite early investor assumptions that the new brand represented an evolution of the same enterprise. The reality is more opaque. Industry insiders are questioning whether AMX is continuing the same operational rigor, gold-backed transparency, and investor protections that characterized Afrimex’s original offerings.
Concerns have also surfaced regarding CEO Kamil Mundo’s unresponsiveness to investor outreach. Several parties report that inquiries about the use of AMX token proceeds have gone unanswered, fueling speculation that promised links between token sales and actual gold mining activity may be overstated or under-documented. The company has yet to release a formal statement, third-party audit, or even a basic summary of how investor capital is being deployed in practice.
This lack of clarity has made it increasingly difficult for both existing and prospective investors to assess risk accurately. While no formal accusations have been made, the silence from leadership, the absence of documentation, and a sudden name change without investor consultation raise serious red flags. Veteran observers of the commodities sector note that such rebranding efforts, especially when accompanied by diminished transparency, often indicate deeper operational shifts that merit scrutiny.
Caution is strongly advised. Anyone considering financial involvement with AMX or associated offerings should seek thorough documentation, legal review, and independent verification before proceeding.
Until clear disclosures are made, and independently verified information is made available regarding AMX’s business model, gold holdings, and use of investor funds, stakeholders are urged to proceed with extreme caution. Transparency, accountability, and verifiable performance should be non-negotiable–particularly in a market as sensitive and high-stakes as gold investment.
Afrimex’s previous reputation was built on those very principles. Whether AMX intends to continue them remains uncertain.
