Spin Out The Copper, page-2

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dnyland

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17/03/22

08:34

Post #: 60240513
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Originally posted by Broker101: ↑

Hello all from North America. I jump on the AGR board once in awhile to see what developments have occurred since the Canadians were send to the dungeons by David Sherwood. Interestingly, the technical success of Fernando and his team has been excellent. To re-engineer a small mine, low capex and secure National funding is a a true feather in Fernando's cap. The impact of the Federal prosecutor was to be expected and has been seen by almost every Company trying to develop. With copper at $4.50/lb, knocking on $5.00 now would be the time to spin-out the copper assets and dividend them to the shareholders. The dual-course phosphate development and copper stream makes no sense, gets no market support and begs the question where should the capital be allocated? The Board remains unexperienced in development and mining in general and refuses to see the value of dividing and monetizing the Australian premium that is being given to pure plays. This was the Canadians plan and I am certain they would have succeeded. The stock is 80% lower since the management changed. Fernando canot run two technical projects in Brazil and expect to market, communicated, fund raise and execute strategic opportunities from Porte Alegre in Southern Brazil. I believe a strategic pivot is needed. But this is just my two cents. The stock is stuck in the mud and needs to show upside. Assets together will not work as now this is about permitting and development risk for an $18MM marketcap - a risk that this stock cannot take. I take my hat off to you loyal followers.

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Keep on posting, please.

AGR Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.3¢		Change -0.002(4.44%)		Mkt cap ! $56.92M

Open	High	Low	Value	Volume
4.5¢	4.5¢	4.1¢	$26.54K	623.0K

Buyers (Bids)

No.	Vol.	Price($)
2	101754	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	100000	1

View Market Depth

No.	Vol.	Price($)
2	101754	0.041
2	200000	0.040
1	200000	0.039
1	250000	0.038
1	134837	0.037

Price($)	Vol.	No.
0.042	100000	1
0.043	172441	1
0.044	318637	2
0.050	144542	1
0.051	100000	1

Last trade - 15.51pm 14/11/2024 (20 minute delay)

AGR (ASX) Chart

Spin Out The Copper, page-2

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