AGM 0.00% $1.60 australian governance & ethical index fund

argo and nickel, page-11

  1. 5,391 Posts.
    hey there ghosta.....ive held AGM since 28c and have not posted much on this forum , as im holding for minimum of 5 years.....The supply contract is the key for AGM. Its as simple as that.
    Juinchen supply 90 % of nickel to the chinese market so they pretty much have the market sown up in china....thats my take on the deal . more importantly is that they are not only the customer but an investor in AGM with a substancial holding and have provided equity (cash) towards the set up cost.
    Impressive wouldnt you say!!

    all good
    cheers J
 
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