Ann: Corporate Presentation - Strategy Update, page-6

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Mickeymouse

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30/06/21

18:26

Post #: 54186348
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Originally posted by ramstan: ↑

When I bought into AGD August 2020 and was looking for a silver miner/producer on the ASX. I narrowed it down to AGD and KCN.

KCN - has mines in Thailand and Chile, had a higher market cap, neg EPS, and way more debt, and risk issues with Thai Government. So I went with AGD. My thinking at the time was (posted Aug 2020):

Pros
Silver is on a bull run
Gold is on a bull run
It is a smaller miner with a lowish PE (12.1) and market cap ($127m) so room to grow.
The Chairman has a huge stake in it.
Is a producer and makes a profit and paid a recent special dividend of 0.009c
SP chart shows a breakout.
Debt levels are low
Buyer to sellers is 4:1 on Commsec

Cons
Added risk with mines in South America - strikes, political stuff etc.
As a small cap it is illiquid, so a few extra buyers can push share price up and it maybe be hard to sell in a hurry.

11 months later KCN still has neg EPS, no dividend but the SP has moved from 0.61c to 0.87C (up 40%)

Meanwhile my initial purchase in AGD has dropped from 0.225c to 0.135c (down 0.40%), yet asset base has been significantly increased, management team strengthened, continues to make a profit, has low debt levels, and a further dividend of 0.008c paid.

AGD needs to get the message out into the market a lot better. Based on this analysis I have changed my sentiment to a buy.

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its a bit of a hidden stock, dont know if most of the market knows if it exists

AGD Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 6.8¢		Change 0.000(0.00%)		Mkt cap ! $41.63M

Open	High	Low	Value	Volume
6.8¢	6.8¢	6.6¢	$14.71K	221.8K

Buyers (Bids)

No.	Vol.	Price($)
1	78837	6.6¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	55276	1

View Market Depth

No.	Vol.	Price($)
1	78837	0.066
1	30000	0.065
1	64000	0.064
6	37620	0.060
1	19966	0.053

Price($)	Vol.	No.
0.068	55276	1
0.069	30065	1
0.071	150000	1
0.072	70000	1
0.076	40000	1

Last trade - 15.58pm 26/06/2025 (20 minute delay)

AGD (ASX) Chart

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