Hey,
Yes, but I would warn you that based on how you configure it you may be limited in what you should/can build. For example, if you make your site amp first instead of using different URLs then you could break the amp code by the content you add or settings. There are users that use this theme and are running it amp first so it’s possible and the mobile navigation is all set up for it. I just only suggest that on the simplest sites.
All the best,
Ben