1/ it was a target from 5 months ago
2/ it relies on drilling and modelling work that are both contracted to third parties
3/ the mineral resource estimate upgrade - which is the basis of the other item - that was targeted for late 2023 was announced in Jan 2024
4/ your assertion of “absolutely within the company’s control” is false
5/ regardless of all of the above, this work is secondary to other key priority items, including those relating to partnerships, funding, permits, etc.
6/ announcing a revised future production scenario of say 20ktpa for 30 years or whatever will come as no surprise to anyone who has done their homework, and imo whether that is announced tomorrow or in 6 months will insignificantly affect the stock.
7/ you know all this but it won’t stop you from using it as a bashing tool to support your “more delays = bad investment” narrative in the coming week or two.
8/ realising a near-half-million-dollar loss in your foray into AGY has clearly driven your passion for bagging the company at every opportunity…. And yes, we all expect truckloads of it over coming weeks, although funnily enough if you actually expect further delays then it should all be no surprise whatsoever… yet you and a few others will continually carry on about how “shocking” it all is!
9/ things often take longer than expected, sometimes much longer; genuine and informed investors in this sector understand this and factor in appropriate risk and uncertainty… traders and others chasing quick gains take big risks and I have no sympathy when their plans fail, or when they are “shocked” when issues and delays occur.
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $168.5M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.0¢ | $107.4K | 878.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 1216392 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 216545 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 1216392 | 0.120 |
13 | 635847 | 0.115 |
13 | 673056 | 0.110 |
9 | 1084152 | 0.105 |
22 | 1503806 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 216545 | 6 |
0.130 | 349602 | 12 |
0.135 | 480958 | 12 |
0.140 | 832322 | 11 |
0.145 | 490428 | 9 |
Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
  |
Change
-0.005 ( 4.00 %) |
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Open | High | Low | Volume | ||
12.5¢ | 13.0¢ | 12.0¢ | 1052775 | ||
Last updated 15.59pm 09/05/2024 ? |
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AGY (ASX) Chart |