AGS 0.00% 17.5¢ alliance resources limited

AGS, page-6

  1. 1,241 Posts.
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    All I read is another attempt by management to talk the share price down. After 3 months, production is sitting at about 270000lbs per month, and flow rates are yet to peak. That's above 3 million annualised. A great result!

    And yet by including those monthly forecasts, which are higher than actual only because of the one month delay in start up, the announcement makes it look like the mine is way below expectations. Also, apparently the monthly forecasts are from the work program and budget, and yet they were never mentioned until now, at which point they are obviously meaningless unless shifted by a month.

    Why why why do you want the share price to be low management?
 
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