AAG 0.00% 28.0¢ aragon resources limited

sensational looking chart, page-8

  1. 2,267 Posts.
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    captainfeathersword
    I think it would as you suggest sort out a few concerns as far as production is concerned . BUT it would require Aragon to raise a possible $65million ,this was the price the last buyer put up .
    The price may not be this much if Harmony wants out because of the TAX.
    All the same this would cause are large Dilution of shares .
    IF they have a good results from the drilling and the shares reach 50c and they go for a placement then it may not be so bad .
    At the end of the day you would have a miner producing 100,000 ounces a year and possibly 500 million shares with no debt
 
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