AGM 0.00% $1.60 australian governance & ethical index fund

Andrew,AGM's value is in the ground and yet to be realised. Do...

  1. 74 Posts.
    Andrew,

    AGM's value is in the ground and yet to be realised.

    Do you think you have the right to predetermine AGMs current value based upon unforeseen future potential upside developments. Nickel price fluctuations, future resource upgrades on yet 90% unexplored tenement holdings. Increased mining throughput, a divestment into geothermal energy with potential to extract energy from hot rocks and perhaps use it to decrease operating costs.

    These beards are intelligent guys who want to do the best for AGM and it's share holders, they will think of intelligent ways to extract more value from the operation without risking the business or mining safety. ZFX just want to realise and pay for the value of the nickel in the ground that has been accounted for and the current mining facility, divest into another metal more valuable then zinc and lead and consequently increase their shareholder value.

    The only similarity these two companies have is in realising the inherant worth of the nickel. I would prefer this operation to be run by those people more aware of the entire operation and more interested in doing the right thing in the interests of shareholders and the environment. These beards have credibility and integrity within their operation and that is what ZFX need to realise when making a more then unreasonable offer of $1.00.
 
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