Hi everyone,
We are very close to the release of the PEA results!!
In the last quarterly report they indicated that the PEA results were going to be released at the end of 2nd Quarter.
I have recently confirmed with AGR (via email) that they are set to release the PEA results in the latter half of July sometime. This means it could be as early as next week.
If this occurs and the PEA results come back positive, then we could see this share price bounce back to the early to mid 20's IMO (where it should truly belong!).
The report released by D.J. Carmichael Pty Ltd on 9 June indicated that the valuation was based on 0.68c...
Its so typical though that such a good company with many positives (that de-risk the organization) doesn't get as 'recognized' and promoted as well amongst traders.
They need to work on this...unless they have alternative ideas (such as takeover?)
TheNav.
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