General Discussion AGY, page-23188

"because the company eventually makes less money or goes under"

Good luck with AGY going under. They'll keep tapping the market as much as they want, and the dummies will continue pouring money into this for years to come, even if there should be no end in sight. I've seen far worse companies who are literally on the ASX simply to cap raise for years, and they have no problem scamming the market. Puna Mining and it's employees won't be concerned in the slightest about that. There will always be money for them to be getting paid.

Facts are facts, just because you don't like it doesn't make it untrue. Should they wish, they could sit there playing solitaire all day and still be getting paid $3-4m per quarter. Unfortunately and as far as I know, the JV is not performance based at all when it comes to Puna getting their money. Also to note, Puna lose another 12.5% to AGY once stage 3 is developed. Cash grab anyone? Or just incompetent and unable to employ someone experienced enough to get this thing running?

GLTA