I think that the beards are confident that AGM will be able to access the high Ni prices in the commodity cycle without having to borrow from the banks and hedge the price. This indicates to me that production will likely be accelerated to meet the high Ni prices rather than be slower despite recent announcements. However, a conservative management team may be better in the long run. This is good news as the sp will likely to spiral higher once general market conditions stabilise. I have been in since 2003 and can see its potential.
AGM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held