public relations mess, page-30

Osi

Spot on with your post being applied to the Market in General and AGS


There is no speculative “premium” placed on, in ags's case, whats “in the ground”. The minority 25% share also has a negative bearing on the perceived value. imo

When it starts production the stock will be judged and priced accordingly. Until then in these bearish times as osi points out “limited money” flows to the flavours of the moment.

The Mine Startup is the perceived driving force for the shareprice atm and until defining action comes from AGS’s Partners re the startup, the share price will be bearish short term and unfortunately I don’t see any great obligation on their part(The Majority Partner) to be definitive with timelines…..ATM!

The delay with the Mine startup and the wording of the recent announcement “April and beyond” is all that AGS Management could really say and probably all they were told, releasing anything else they would be seen as talking out of turn as far as their majority partner is concerned.

In saying that it does appear however and at a guess, with the recent larger than normal sell down volume, that the startup date for the Mine will be well? beyond April next year. Imo

Good Luck all

Sm