i put a value of 75c on AGS and mentioned the likelyhood of capital raising recently . the reaction of locals from this AGS forum was not very accomodating . maybe this report will bring them back to earth and get them realizing their 3 dollar tgts are just very extreme wishful thinking . raising at 25c still not out of the question , if not a probability . 100 mill dilution to eaise 25 mill be a good option imo , fund the gold mine and get the U up and running as well . the AGS management have blown it closing the maldon mine imo . revenue and cash flow would have been a great thing to have given current gold price . patiently waiting for 25c
............... the usual
the Aegis AGS report is freely available on thier website after registration fwiw
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aegis feb 25 report, page-4
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