AGM 0.00% $1.60 australian governance & ethical index fund

Whoaa, they are going to raise $5m and are budgeting a whole lot...

  1. 1,873 Posts.
    lightbulb Created with Sketch. 371
    Whoaa, they are going to raise $5m and are budgeting a whole lot of drilling.

    Central Bore....up to 23,000 metres
    Justinian.......up to 22,000 metres
    Hann............up to 30,000 metres
    New Prospects...up to 20,000 metres

    This adds up to a bit more than 60,000 metres, by my maths this could turn into 95,000 metres of drilling for 2011. This should get very interesting later in 2011. They will never finalise the JORC with such a big flow of drill results (we hope).


    Saltbus

    ps. A bit of dilution coming.
 
watchlist Created with Sketch. Add AGM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.