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clock Created with Sketch. 31/07/16
19:22
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Originally posted by Megagene79
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Decent Quarterly update report showing a clear path for all projects. Rincon seems like it will provide holders with a clear path that will see serious share price appreciation on the back of its developments. Speaking to management after their return from Argentina they were very excited about Rincon and the possibilities to really fast track its developments into production paths. They believe Pablo Alurralde is very confident in the project and his own ability to be able to produce. His knowledge and reputation and past is now on the line as he aims to deliver with success earning him a carry in the project with AGY having the ability to move to 90% JV ownership but seems like the vendors will be riding the remaining 10% by the looks a s a free carry. If Pablo can succeed and deliver production at Rincon it is a win/win for the vendors and AGY and its shareholders. With rumors around of big offers for Sentients Rincon project it really may put AGY in the spotlight.
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Great post.
