If I were a betting man I’d be betting on some “fruity” announcements around the beginning of next year coincidentally around the time the 2yr escrow period expires! Markets are tight and risk appetite for green fields exploration projects in high risk jurisdictions low, therefore unlikely to be much more than a few superficial announcements for the rest of the year - maybe some onground work, maybe other acquisitions? The main game for this year will be to not blow the cash! The longer play on these African projects I suspect is a “flip” but to do that they’ll need some decent info to whet the appetites of companies with deep pockets! Your comments about $PDI aren’t quite true, they’ve been active over several years thru West & Central Africa and had interests in a number of projects but timing is everything and whilst they were busy getting their hands dirty and moving projects ahead, $A1G management have been drinking cocktails at the bar!
AIMHO-DYOR-GLTAH!
A1G Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held
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