$20mil cash but $13mil market cap. Cash burn now with no more drilling will be barely anything. Managing and Directors hold $200k in stock, with a non exec director holding $3.5mil I think interests are aligned. No risk here to park your money for a year until they decide to take on a new project or return capital.
Happy to hear any other opinion other than 'I've been burnt by AGS in the past'
25% discount to cash, minimal burn, where to now?
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)