AGY argosy minerals limited

Fundamentals (New), page-36

  1. 4,518 Posts.
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    I won't get into details why I know but, there won't be much dilution of shares being issued. If there is...it will be fought hard.

    This is music to shareholders...often the company shares are used and a personal credit card for mgmt.

    The ONLY exception I can see to that is if...Enirgi/Rincon want to do a transaction for Rincon.

    The Sentient group tried and failed to do a IPO of Rincon recently. A reverse take-over of AGY does that for them. (I'd want shares in escrow for 2-3 years though.)

    A reverse takeover works outs perfectly for both AGY and Sentient.
    -We'd get 100% ownership of a 1.2M ton JORC resource. (I'll REPEAT...1,200,000 million tons of BG LCE!)
    -Sentient finally gets to monetize their 10 year investment and get a return with-out having to raise more funds.

    The ONLY question is...Who get's what %.
    That's why PA's LCE confirmation (on Rincon) is so important.
    I actually think Sentient would want PA to nail BG LCE, as it shows the world Sentient's Rincon investment is VERY valuable. (what's 1.2M x $20,000 ?!)

    It's going to be a interesting couple months.

    IMO
    DYOR!!
 
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