Another Board apoligist! And this shows you the same lazy slack...

Another Board apoligist!
And this shows you the same lazy slack mentality as the AGO Board, "cant do anything sorry".

You said they have no cash but they had $80M at bank in Dec and now should be around $130M cash at bank. Let me explain basic Economics 101 to you:-
Share Buybacks at 1.5c will massively reduce share capital when the price is low and will retire cheap shares, $20M would reduce equity by 1.333B shares or 15% of all shares on issue.
Dividends will boost confidence and give a reason to BUY and hold shares long instead of flipping them at 1,5c from 1.4c
Repaying debt faster will reduce risk and loan interest boosting profit and reducing expenses and wiping out legacy risk,
The AGO Board failed to do any of these things when they had cashflow booming Jan-March and yet you defend them! AMAZING.

So the reason why AGO is at 1.7c and not 5c-10c is the very same reason you have excused them for and got so many thumbs up on = lack of foresight & leadership and no aggressive equity/debt reduction strategy = low share price.

Whats the point of having $100M cash at bank earning 4% when debt is earning -9% and your share register has 9B shares on issue and is not reducing?

Lower debt, lower shares, dividends = higher share price

Got it?