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10/04/18
22:14
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Originally posted by Toddtodd
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Dear Tyranna holders.
Have you considered a hedge in AGS?
I feel it poses excellent R/R to consider hedging your bets on AGS given the Tyranna ownership in AGS Wilcehrry project (albeit a small %) and the possibility of the maiden AGS JORC.
From memory the AGS CEO has stated that he anticipates the JORC to be completed by June quarter. With such astonishing drill hits - this JORC could prove market leading and very well received by the market in general. Even holding some AGS over the next 1 week to 3 months could be a smart strategy to get exposure to the opportunity.
For full disclosure - I am very long AGS however I really try to maintain a balanced outlook. I do not own TYX however I am happy that I have exposure to TYX and the Jumbuck/Cobalt project through AGS's 10% holding in TYX.
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Buy some TYX Todd.
You know you want to.