If we see 500ppm I think you will be gutted when you sell for 30 cents.
AGY has a 200 mil market cap and there grade would be less than 350ppm ,that's a ASN fully diluted share price of about 50 cents or about 80 cents at 500ppm.
But IM very bullish and are expecting zone 31 to have a high grade closer to 3000ppm or at least over 1700ppm.
Many stocks rerate over time on such high grades so selling early on will be a mistake in my opinion.
ASN Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
