AGY 4.88% 3.9¢ argosy minerals limited

has anybody heard anything, page-6

  1. 472 Posts.
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    Glen1 - I don't see how any out of the blue Zambian project is going to add $5 to this stock anytime soon. How are they going to develop it, drill it, etc. in time to entice a major to take them over all in a short period of time? Their money is wrapped up in the Canadian projects, and the Burundi Arbitration/litigation. That $5.00 Zambia thing is just way out there IMO.

    I think most of us are hanging on the possibility that the Burundi decision will be reversed. That negotiations will restart after the government realizes that its only major asset will be wrapped up in litigation for years. That some sort of agreement will be reached between Burundi, another entity, and Andover to hand over the project to that other entity. Or whatever.

    I hold, and would be pleasantly surprised to be wrong about some magical Zambia project getting us back over $1 or to $5. But to me, that will only happen with a Burundi reversal.

    Good luck, hope you are right and I'm wrong.
 
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