Haven't resorted to do my thinking in the shower yet but it seems a good a place as any....basically AGY needs to get a source on income in the relatively near future as our cash situation will be down to around $2.5 M by the end of this month, if this Quarters spend is as expected...there shouldn't be any capital expenditure left with stage 1 so the March quarters spend should be relatively light, but it's always nice to have a buffer when it comes to cash, you can never have enough, its easier to negotiate from a position of strength...
It matters little at this stage how they proceed with the project , that will be revealed over time but they do need to get a Stage 1 OT in place during the March Quarter at least IMO , get some cash flowing and de risk further, fortunately that seems very likely....
Cheers Whisky
Haven't resorted to do my thinking in the shower yet but it...
-
- There are more pages in this discussion • 4,512 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AGY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.0¢ |
Change
-0.002(4.76%) |
Mkt cap ! $58.23M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.2¢ | 4.0¢ | $44.44K | 1.085M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1432055 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 16860 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| AGY (ASX) Chart |