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7,898 Posts.
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28/06/15
15:23
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Mmartin
Work on $20 a lb profit using damos 169m lbs
for 25%
for 15%
Then consider why AGS could not sell ACE for a quarter of what the 25% is worth. imo
When you've done that then compare what the 25% and 15% returns in comparison to the 110m that the reduction process allows atm!
Then consider that AGS had 25% and 45m in the Bank ready to capitalise on Mining Four Mile.
Then consider where Long Term shareholders are atm
Then you will see why I'm pissed off.
Md
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