AGM australian governance & ethical index fund

where is the upside

  1. 5,048 Posts.
    agm is in the fortunate position to be able to double production to near 18,000tpa without having to locate a second discovery, carry out a bfs, finance it and develop it.

    much has been said about management but very little credit has been given to them for having the foresight to build a mill which has the capacity to double production by incorporating a second grinder.

    doubleing production will reduce the production cost per lb of nickel and increase profit by 150%. economy of scale is a beautiful thing.

    cheers

 
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