AGR aguia resources limited
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They have about $5m in the bank & the Capex to start gold...

  1. JetBlue
    2,751 Posts.
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    11/10/24
    09:51
    Post #: 76076432
    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
    Last edited by JetBlue: 11/10/24
    AGR Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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