This deal is a very good deal for AGU, they get 30% of the iron ore. We know there is iron ore there, as reported with the rock-chip samples by GPN.
Drilling to commence in the next couple of months. Huge upside.....
I say get your votes in to approve the deal. If you don't I think the old crew (Aberdeen Street) will gain control back and what then, more of their crap back in.
Double win here people, great deal and the control of the company will be so far out of reach for the Aberdeen Street crew.
I stress, Vote in favour of the 30% iron ore deal.......
AGU Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held