AAG 0.00% 28.0¢ aragon resources limited

bonza prospects shame about the marketing, page-4

  1. Cu1
    6 Posts.
    You are spot on highlighting the Aragon's EV per Oz.

    Southern Cross gave AGG an indicative share price of 31c was using 35 dollars/Oz. I think they are cheap at this stage at once in production at the end of the year they can be valued closer to the average of 117 dollars Oz. Compound the increase in resources (2moz+) times the EV and you have a good stock to hold for more than 12 months.

    What I like...gold doesn't need much capex to start up and to generate cash flow. Also I dont see much of a dilution going forward. If there were going to be a join venture I would see the share price heading up instead of softening.

    I agree with you Captain good buy with not too good marketing. Its a good opportunity to buy before the market realises its potential.
 
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