AGY got into litigation with Norilsk some years ago after their management broke a contract with AGY. AGY sued and won about US$7.5 million which funds have kept them alive to this day, i think about 2.5 million are still in the kitty.
There may be a possibility that AGY will not sign a JV right away. They could re-list the stock in North America and raise enough money to fast track a BSF on both the ni and PGM's. They would need to redrill to confirm ni grades and also to re-examine the PGM potential which IMHO may be massive. This would throw AGY into "play" as a takeover stock and the vaulation and share price could go thru the roof from its current level, assuming the Government re-affirms its commitment to their relationship with AGY.
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4.4¢ |
Change
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Mkt cap ! $64.06M |
Open | High | Low | Value | Volume |
5.0¢ | 5.1¢ | 4.3¢ | $706.9K | 15.35M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 236588 | 4.4¢ |
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Price($) | Vol. | No. |
---|---|---|
4.5¢ | 414221 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 236588 | 0.044 |
8 | 1574100 | 0.043 |
7 | 418560 | 0.042 |
11 | 872075 | 0.041 |
21 | 1264035 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 414221 | 2 |
0.046 | 208518 | 3 |
0.047 | 50000 | 1 |
0.048 | 956789 | 6 |
0.049 | 742843 | 5 |
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