All’s I can say with regard to your first comment is please do your research my man!
Jerko has ALREADY put the JORC drilling, jorc increase and feasibility study with revised NPV on the time line which means he already intends to do it. I don’t think he would put it on the timeline to be done so shortly if we didn’t have the money for it. We clearly do. It’s already been factored in.
by saying my “advice” above my point was that if our low share price is not doing him any favors for bargaining power with financing agreements then don’t be stressed out by nagging shareholders into going the offers that aren’t as good as you think we could get. If it means holding out until the feasibility study NPV data which will send our share price extremely upwards and improve bargaining position then go for it.
With regard to the offtake you make valid points and I understand that there’s no harm in locking an agreement in that someone will take our product. BUT I think the element you need to understand is that Jerko may be saving this offtake card up his sleeve for it to be tied in closely with what our financing agreement will be.
If he goes and signs an agreement with company X, then when company Y wants to come along with a financing agreement he can’t use any of the immediate 2,000 product to leverage discussions or bargaining power.
All g my bro, this discussion is productive. And yes I have some assumptions in here but they’re welcome to be challenged and I will lend an open ear and change my assumptions if there is good rationale. Until then, my assumptions remain the most credible
AGY Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
(20min delay)