AGR 0.00% 2.6¢ aguia resources limited

News: AGR Aguia Resources Says Fast-Track Development Of Santa Barbara Gold Mine, page-44

  1. 2,666 Posts.
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    So will it pop? It will if they start producing Gold @ 50 gpd & producing a monthly profit of around $2.7-$3m/mth, it will certainly pop imo. Based on their plans & my previous post.

    The market will generally react "after" the realisation of the goal or as it becomes evident they are real & accurate figures and the Company is able to implement them, which is fair enough, given the number of companies that spruik & never deliver.

    A successful Fund Raiser is needed (that's 1/2 the battle) and then the follow through. I reckon AGR will do both because I've seen Warwick Grigor in action. He has the experience & the contacts, so I am confident this Co is a "goer".

    So if production does start by the end of 2024 & profits are around $2.5m - $3m/month, what will the share price (& market cap) be?

    BTW, that's a profit of $30m to $36m pa.
    Last edited by JetBlue: 19/07/24
 
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