As you have all worked out I have a real soft spot for this company. I have been a believer since day 1 or have I been a victim ? FACTS. Company has a market Cap of $9 million Today the company has $4 million in the bank. Today it holds 30% of between 5 to 6 billion tons of magnetite. Today it holds 30% of Telecom Hill's Heamatite deposit. Today it still holds those Northern Territory Uranium deposits. Today it has a well balanced board with no external influeces.
So is this undervalued ? Should it's price be around 10 to 15 cents ?Will it be taken over? I wish I knew!!!!!!!
Any advice would be appreciated !!!
AGU Price at posting:
3.1¢ Sentiment: None Disclosure: Held