The farm in to the Touqouy deposit took place a long time ago with unrelated parties and as you say they have the option in place to go to 100%
AGB is a cash cow, at its current run rate it throws off close to AUS$100million FCF pa. In a few years assuming all approvals and a gold price closer to AUS2000 it will be throwing off $300 million FCF pa pre tax
You will not find another asset of this quality anywhere. Nova Scotia is like the WA goldfields 30 years ago, just waiting to be explored and developed.
Which is why when SBM pays me out I will take a position in SBM with some of the proceeds
The farm in to the Touqouy deposit took place a long time ago...
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Last
31.5¢ |
Change
-0.015(4.55%) |
Mkt cap ! $257.7M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 30.8¢ | $6.836M | 21.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 759455 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 333627 | 11 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |