AGM 0.00% $1.60 australian governance & ethical index fund

allegiance mining, page-3

  1. 134 Posts.
    Ive been holding this one since 4.9 cents. Bit concerned though that they are running out of dough. There will have to be some more capital raising very soon so expect further dilution.
    There were going to use the option holders and convert thm to partly paid shares but i read somewhere that ASIC or ASX i think knocked them back.

    I think AGM need to sell some of their stake in their nickel project so things can get moving.

    Cautiously holding until positive news on government approvals and looking to sell shortly thereafter.

    Cheers
 
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