Short Term Trading Week Starting: 16 May, page-14

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    STTCOMP AGR Fa Long
    AGR Copper and Phosphate
    SOI 399 mil
    Market Cap $24.3 m
    Last traded 6.1 cents
    Cash $4.7
    Aguia have 2 projects in southern Brazil. The Tres Estradas Phosphate project currently in legal dispute with local prosecuter

    Andrade copper project currently drilling phase 1 of 4 which will continue for 6 months.

    NOTABLE EVENTS DURING THE QUARTER
    • The application of Aguia's branded natural phosphate fertiliser product from the TEPP,
    Pampafos®, to wheat crops, exceeded the productivity of chemical fertilisers.
    • An infill drilling program commenced at the Andrade Copper Project (first phase 2,000
    metres). The objective of the drilling program is to improve the resource category of the
    Deposit to Measured & Indicated (M&I), which is mandatory to advance the engineering
    studies and economic model for the project.

    Catalyst for tip Assay results from phase 1 copper drilling. Wildcard win in the legal dispute which is highly likely as AGR has backing of Government against a local greenie fighting for compo.
 
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