A bit of a step back...forest/trees observation.
In the last 2 weeks of AGYs down turn there's been about 30M in volume. both on ASX and CHI-X.
Shares outstanding for AGY is 918M
That's ONLY 3.2%...Nothing over 2 weeks!
Management/insiders close to AGY haven't sold a share and are tweeting positives.
The LAST ASX update was very positive and said we have started to produce...and are JUST about there.
LEGALLY (and you guys know I follow this stuff)...IF anything wasn't going well...AGY must inform the market ASAP.
I hear daily rumors that things are going ok. IF something was bad...I'd pick up a tone or change in behaviour. I've sold in the past "based on things going to take a while". This is not one of those times.
Hang tight.
It's unfortunate the the SP isn't where it should be.
I'm giving ...as others are giving mgmt. WHAT FOR as they aren't doing some things they could.
However...in their defence (and I'm the first one to attack them publicly if they mis-step.)
AGY is doing their job.
-PA is close to getting the 1-2 tons (any day...or any hr...IMO...I think we are THAT close)
-JORC ver.1 that same...the data is being sorted right now. Any time.
-Small OT deals for S1 or S2.
-More land Acquisitions.
and so much more.
We are just about there...all good.
I'm not selling!
IMO
DYOR!!
A bit of a step back...forest/trees observation. In the last 2...
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