Cash reserves down to $7.1 million. ... but should own 77.5% of the Wilcherry Project by mid year ... . Top 20’s percentage holding has increased slightly from nov 1 to 59.38% (jan 19). .. The relatively low number of shares on issue has been a good feature of AGS over the years (imo) ... And definitely not unhappy that we’ve let the NSW tenements lapse in order to concentrate on SA and WA. ... $7.1m doesn’t go far in the exploration game.
(Fingers crossed no more legal action ahead for AGS - today’s AFR report of a loss in the G v Myer lease stoush reinforces for me the risks of going down any money gobbling legal path).
- Forums
- ASX - By Stock
- AGS
- Ann: 2nd Quarter Activity and Cashflow Report
Ann: 2nd Quarter Activity and Cashflow Report, page-2
Featured News
Add AGS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online