AGM 0.00% $1.60 australian governance & ethical index fund

the australian factor, page-7

  1. 2,368 Posts.
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    "What's the REAL reason for this rise?
    the higher price of ni;
    an imminent ann;
    closer collaboration with BTX;
    sudden market appreciationn of the value of this stock.
    Or a combination of ALL these factors."

    A realisation that this stock is well under value. Its probably at the level it should have been 2 years back.
    Higher ni prices, the exploration drilling of Saxon about to start, and production in 6-8 months has helped. Plus the realisation of what a whole nickel PROVINCE under the complete control of the company means.

    Im not sure what you mean by closer collaboration with BTX. BTX reopened the Renison mine and closed down 6 months later. They totally mismanaged the proposed deal with AGM to use their facilities. Noone wants to work for them. AGM have distanced themselves well away from BTX.
 
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