Robust and constructive discussions here.
For me, with the current funds, deliver for what is was intended for. Incremental progress and tangible commercial outcomes.
Once we get some positive results then by all means raise enough for the next set of outcomes.
By raising now it is will inhibit market sentiment towards AGY and this includes management, as it deviates away from what management specifically have stated. Management have made some careless critical mistakes initially by not informing the market in a clear and concise manner that they had to go to an AGM and had to also to wait for permitting. It possibly was unnecessary to raise $800k at 3c back then. They should have raised $400k to fund permitting and administration. Once when all permitting was achieved to progress exploration they could have conducted another $1m raise now.
Mistakes like these they linger and I hope management are very clear on next steps and what is still to do when updating the market.
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Open | High | Low | Value | Volume |
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1 | 120241 | 0.089 |
1 | 100000 | 0.088 |
1 | 100000 | 0.087 |
2 | 61226 | 0.086 |
Price($) | Vol. | No. |
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0.092 | 12030 | 1 |
0.093 | 4374 | 1 |
0.094 | 24222 | 1 |
0.095 | 129794 | 3 |
0.096 | 401389 | 2 |
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