Hi all, picked up some more at the institution price last week only to see they are still at this price today! This is going to go up seriously as as we move closer to production and a definite re-rating, the only place to get shares will be on market as the company doesnt need anymore money...only way is up.
AGS is likely to be valued at somewhere between 25% of half way between the 32m lbs in the JORC resource and 100m lbs exploration target. This is without considering that production is imminent.
So when they announce the new resource..very very soon im guessing they will be seriously re-rated because it will be huge. The new resource will demonstrate that this is in fact a world class deposit and that AGS is progressing things (albeit at a slower pace) however, progressing positively none the less.
AGS's progress has been like pushing a wheel barrow with one hand.....
Wont be long now and we will be rewarded.
Good luck
AGS Price at posting:
68.0¢ Sentiment: Buy Disclosure: Held
