another close at a 52 week low yep - its all good - its all long term bla bla bla
1. AGO needs to forget the expansion to 50mt pa - give up now - dont spend any more money on technical programs, engineering evaluations, etc etc 2. Focus on maximising the cashflow and production to achieve the 10mt-12mt pa that you can get out of the existing PH infrastructure. that equates to a cashflow of 500m pa (sale price 100, cost 50) 3. Look at selling this thing to someone who can take the next step to 50mt pa. This will require capital that AGO does not have.
AGO Price at posting:
$1.69 Sentiment: Hold Disclosure: Held
