going by the last quarterly this exploration (drilling program) and evaluation only cost $500,000.
going by the last quarterly and half yearly ags will still have approximately 5.94 cents in cash per share at the end of this quarter (without taking any bank interest income into consideration).
the 5.94 cents per share represents $24,775,752 which is a large sum for an explorer like ags.
stay-tuned i guess.
AGS Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held