AAG 0.00% 28.0¢ aragon resources limited

jt, murrayJust my thoughts, RMS are a more likely suitor than...

  1. 6,439 Posts.
    jt, murray

    Just my thoughts, RMS are a more likely suitor than SLR

    SLR look happy to go solo with their 100k ozpa Murchison operation. Plenty of ore sources are appearing, as exploration has been highly successful. SLR are finding ounces at a cost of less than $10 oz!

    With RMS, existing Mt Magnet wouldn't be highly profitable on its own, and they would be looking for higher grade ore feed, which brings AAG right into calculations. I don't think RMS have time on their side to wait for exploration success, before making a final decision on whether to resume production. To pick up AAG for circa $60 EVA/oz would be a steal

    Cheers
 
watchlist Created with Sketch. Add AAG (ASX) to my watchlist

Currently unlisted public company.

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