They also need to announce to market their current cash at bank position top assuade the market that the cashbuild is real and building fast.
On my maths previously posted they are receiving a net free cashflow right now per month of $24M per month since 1 Jan 2017, so for the last 3 months should have +$50M extra cash
ie $80M cash as at 6 Jan to now ~$130M
If the market sees that the cash build is real and substantial then the animal spirits and expert analysis options for AGO will be then openly discussed such as dividends, buybacks & debt repayment plan. The market and holders need to see this asap.
Board - Release the cash at bank & plans for boosting production, debt repayment, dividends, buybacks and consolidation of the register and watch that share price go KABOOOM! imho
AGO Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
