Seriously makes one wonder why the heck anyone is selling this around these levels.
Likely selling at a loss and not enough volume for an attemp to push it down further. Accumulating buys stacked @12 & 11.5
Plenty of cash in the bank for at least another 6 or so months of drilling which is ideal over the summer months, a couple of better than average results and this will multiply enough that shareholders around these levels will welcome a CR to keep the wheels spinning.
The DD will take a while, really looking forward to these results.
Can clearly see the RC results were gaining positivity as it got somewhat closer, then went scewiff away from the EM and results fell away as expected.
Who knows how deep beyond 500m this goes, the resource may expand when significantly deeper to “join up” with the other EM offshoot.
I was initially in here just after ipo @20 moved on @18 after reading the play that these guys were skirting targets initially then ramping up and going for the strike in the latter part of the year.
Been quitely accumulating between 12-12.5 for a little while.
Lots to look forward to here, hopefully we get the results to confirm my belief that this is one of the best kept secrets on the ASX…
AGC Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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