Acquired Aguia recently I like the copper thing I like the Gold company merger I also like the phosphate deposit and I ll tell you why
it's high grade; high grade phosphate is actually used in LFP batteries and costs 5x the price of your usual agricultural low grade phosphate and the deposit they got at aguia has above 3% or 4% which i think would qualify it
being new, i would like to know if it's ever been discussed by management that this could be high grade phosphate and that it happens to be needed in batteries and they might make a hell of a lot more cash by testing it for battery level usage.
I wrote to them. Still haven't got an answer. Can you guys enlighten me?
Also, how problematic is the NGO thing? Is it a legal court appeal against the construction of the mine? Has the judge received their requet ? (which would mean it's likely to last forever even if request was to be rejected)
Also, why on earth won't they build the copper mine? It's a 13M USD capex! that should be easy to finance! do they talk about additional drilling that might expand LOM there?
cheers guys
AGR Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
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