AGM 0.00% $1.60 australian governance & ethical index fund

good try andrew michelmore , page-50

  1. 2,408 Posts.
    lightbulb Created with Sketch. 524
    I listened to the Tony Howland Rose BRR interview - doing what he should as CEO, spruiking his stock up. Some interesting quotes about the "detective work" they are doing to determine whether and what minerals are there.

    One of his last quotes was more interesting in light of current discussions...."you need a lot of money" ...to find the resource. He might have been quoting Michelmore - lol.

    Todays drilling results are pretty ordinary - and their solitary stand out result is all of 0.7metres wide at 170+metres down. Ho hum.

    More than 670 million shares on market, equity of 100 million, line of credit of 70+million.... the story goes on, as would be expected for a start up production.

    Assuming Zinifex does NOT buy the company, it will be valued on it's fundamentals again. The analyst who put a target of $1.18 was factoring in positive sentiment in that number. Post Zinifex, it would be back under $1 faster than flies on sh!t

    Go on plumpnjuicy - take the offer. You know you should.

    DYOR - My posts on THIS thread are for entertainment only
 
watchlist Created with Sketch. Add AGM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.