It's time to find out if the business model will work. Time to see if AGO will show consistent profitability at 6MT (annualised).
And then, how long can they keep it up before either they run out of reserves or the big boys' massive expansion programmes kick in?
Would love to see, and really hope to see $4 or $5 within the next 12 months but I can't imagine any long term connection between the acronyms AGO and DSO. I do trust the management enough to know they realise this and are making plans for the longer term future, (as much as I can trust the option-laden management of any ASX outfit, which isn't very ****ing far).
AGO Price at posting:
$2.27 Sentiment: None Disclosure: Held
