Disappointing on the drilling front yes. I do wonder though, they share office with MAG and they are also heavily invested in AGC. Would they not tell them to pull their finger out? The admin costs are pretty low, is it really worth milking them?
perhaps it’s just lots of escrowed shares and too early to pump this thing? Options there too that will want to be exercised at some point (hopefully).
I guess the bottom isn’t in for the SP but I’m inclined just to bottom draw it for now and wait and see. Likely the money could be better deployed elsewhere due to opportunity cost though. Hmm.
Ann: 2022 AGM Presentation, page-5
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Mkt cap ! $65.43M | |||
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