AGY 19.5% 4.9¢ argosy minerals limited

Sovereign Risk, page-126

  1. 1,395 Posts.
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    "I don't care if the numbers are "rubbery"." - i.e. there is a ton of risk in AGY, because it does not even have measured status. Simply trusting mr. Pablo for castle in the sky figures creates that risk.

    I Encourage anyone with a investment in resources to read over this paper. Specifically Inferred Resource, Indicated Resource and Measured Resource and why that is important when approaching a bank for finance.

    http://www.crirsco.com/news_items/revised_standard_definitions2011_v2.pdf
 
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