The "beards" have done it again!Ian Levy is such a valuable...

The "beards" have done it again!

Ian Levy is such a valuable asset in his role in developing new projects that his talents are wasted in the CEO role.

We can get some idea of their thinking from the latest Fox Davies Broker Report which strongly hints about toll treatment of ore. They have access to info we dont know about.

Both Intec and MLX facilities are mentioned in the report. (Hellyer and Renison). At the moment he is probably investigating what can be done here.

Remember it wont be long and AGM will be cashed up bigtime. They already have a good deposit from the latest Jinchuan share placement and they have cashed in some GUL. And they have been talking to bankers- perhaps bridging finance. They can probably do a deal right now.

Both companies have projects that they are stuggling to get going and intec has an interest in Bass Metals. Levy will need to investigate the viability of these projects and work out if they are worth anything in the financial negotiations. AGM have proven they can get a project going if its viable; and a share in Bass Metals if its marginal would seem to have some value on the stockmarket at present.

So there are lots of options.

Thinking two years ahead there are no doubt projects outside Tasmania and not necessarily nickel that Ian Levy will look at. Dont confine your thinking to Tasmanian projects; AGM will be cashed up and have a great team and the willpower to take on new projects.

Expect all sorts of surprises from Left Field from AGM.

If all goes to plan we could have a $10 SP in 5 years time. Someone suggested this on another Forum and I told them they were stupid. But I will have to apologise now; it certainly is a possibility............

Meanwhile we could hear of some sort of deal within the next few months, could only be weeks away. Imagine what that would do to the SP!

For those who are waiting for the SP to retrace below $1 to buy back in- Id be thinking real hard about that!