$20mil cash but $13mil market cap. Cash burn now with no more drilling will be barely anything. Managing and Directors hold $200k in stock, with a non exec director holding $3.5mil I think interests are aligned. No risk here to park your money for a year until they decide to take on a new project or return capital.
Happy to hear any other opinion other than 'I've been burnt by AGS in the past'
- Forums
- ASX - By Stock
- AGS
- 25% discount to cash, minimal burn, where to now?
25% discount to cash, minimal burn, where to now?
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online