Completely agree. It amazes me that there are still long term holders who can't wrap their head around this very simple concept. The estimated quarters of funding available figure is specific to AGY, not the Puna JV. It means the AGY office in Perth with a couple of people in it (and nothing more) could sustain operations for 44 quarters. It completely ignores any outgoings to the JV, which AGY is contractually obligated to finance. Combined funds were $9.83m as at 31 Mar 24. It's probably closer to $8m now that we're a third of the way through Q2. They've been burning roughly $4.5m per quarter, which means the current cash balance runs dry around the end of Q3.
It's absolutely mental that this still needs to be explained.
Completely agree. It amazes me that there are still long term...
Add AGY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $189.5M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.8¢ | $98.65K | 757.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 59685 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 865412 | 19 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
13.5¢ |
Change
0.010 ( 5.88 %) |
||||
| Open | High | Low | Volume | ||
| 13.0¢ | 13.5¢ | 12.8¢ | 447137 | ||
| Last updated 15.58pm 21/05/2024 ? | |||||
| AGY (ASX) Chart |