AGY 5.00% 8.4¢ argosy minerals limited

General Comments & Banter, page-11963

  1. 5,734 Posts.
    lightbulb Created with Sketch. 3319
    There's no such thing as a free lunch.
    Any form of funding comes at a cost...
    1. Debt funding has to be repaid + interest
    2. Equity funding results in dilution
    3. Upfront payment will result in discounted price.

    The good news is one of these events triggers AGY going from 75% to 90% holding in Puna Mining.
    That should offset any perceived negative, although I am guessing most investors ignore AGY's holding in Puna Mining and see it as a mere formality, which for all intent and purposes it is - until we start generating cash, it is of little consequence anyway.

    There's no getting around it, to move forward from this point AGY needs cash.
    The positives of achieving OT + Stage 3 funding must outweigh the negatives unless AGY gets forced to sign a deal biased toward the investor.

    IMO
    DYOR
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