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
Lower debt, lower shares, dividends = higher share price
I dont think youre statment is 100% accurate.
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