They have about $5m in the bank & the Capex to start gold production in about 4 weeks time is only about $1.25m.
From about Dec onwards they should be making a profit of about $1.5m/month.
So I can tell you there ain't no need for Cap Raising, as they will have net cash Inflow within about 2 months.
I believe your concerns will be found to be unwarranted but I understand where you are coming from. Plenty of dodgy Co out there but AGR is not one of them imo.
But dyor
They have about $5m in the bank & the Capex to start gold...
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Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $44.37M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 2.9¢ | $144.3K | 4.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 610232 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 643235 | 3 |
View Market Depth
| Last trade - 14.13pm 28/07/2025 (20 minute delay) ? |
| AGR (ASX) Chart |