AAG 0.00% 28.0¢ aragon resources limited

trading halt, page-23

  1. 6,439 Posts.
    Well, any prudent investor who has done their homework would have realised AAG needed to raise capital within the next 3-6 months.

    Cash balance is estimated to be just over $2m at 31/12/2010.

    Good to see management being proactive on the matter.

    Better to bed down a placement now, while times are great, rather than risk raising during any oncoming economic storm.

    Got a good feeling about this one.

    Could be a green day when we resume trading

    :)

    Cheers
 
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Currently unlisted public company.

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