Totally agree. We are fine. Yes I thought Dec quarter would have been better but looking at how far it has come in the last 1.5 years has been quite amazing. Its growth prospects have been hampered severely with the debt holders calling the shots. Their influence have reduced considerably now and we are in a better spot positioned now to grow.
AJM announced today that 440,000 tonnes could be the annual production rather than 220K. A DFS will be completed in April on this. This could be an additional $7M per year in royalties.
They are also looking at expanding the resource at the moment. They are currently drilling with the tenement that AGO holds a royalty over (m45/1231)
AGO Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held