Operationally nothing has changed -- JORC will be out soon, they will achieve the 99.5% BG once MORE gas becomes available, PEA is being worked on and stage 1 OT discussions continuing with major company.
The only thing that has changed is the SP which is a result of an over reaction by many who HAD to sell irrespective of the announcement detail. But if investors had left themselves some ammo to use after the announcement then they would be loading up now at these exceptional low prices. Naturally, if one did not have to sell the SP would still be around .30 cents now, and some of us would not have had the opportunity to top up at bargain prices (IMHO).
I can understand that some people are disappointed because they are now going to have to delay purchasing their Lambos etc. !! (sorry guys but pays to stay grounded)
In my view everything is on track and I cannot bring myself to criticize Management at all because the project is still being fast tracked to production.
AGY Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
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