AGY argosy minerals limited

Ann: US$5M Strategic Investment by ATL, page-106

  1. 3,400 Posts.
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    Come on mate, pull your head in, US$5m will get them another quarter. The way you're talking is like all their funding woes have been taken care of.

    "The pessimistic narrative by several here lately was that the money was fast “burning”"

    Of course they're burning through money ffs. Are you that incapable of reading a financial report to see their quarterly expenditure? They know they're on their last legs before a large influx of cash will be required. Or multiple smaller amounts until they can get the elusive $250m pre-payment deal we've been waiting for for years.
 
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