AAG 0.00% 28.0¢ aragon resources limited

insto buying @ ???, page-7

  1. 3,890 Posts.
    I must admit to expecting a higher price. Disappointed in one respect, but on another small resource companies like this require efficient access to capital from time-to-time.

    We get over it an move on.

    The new metrics?

    Well at 27 cents and assuming NO VALUE for rum we're trading at a crazy $26 E/V (assuming $11m in bank and 233m shares on issue). RMS next door is trading by my calcs at roughly $53-ish. They would be incredibly stupid not to be looking at AAG IMO at current prices.

    JT
 
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