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ARAGON RESOURCES LIMITED (ASX:AAG) - trading halt, 7498360, page-15 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
AAG
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0.00% 28.0¢ aragon resources limited

I don't have a problem if it's a placement, so long as when they...

  1. jtaylor1
    3,890 Posts.
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    19/11/10
    11:31
    Post #: 7498360
    I don't have a problem if it's a placement, so long as when they come knocking for project equity it is a big rights issue we can all participate in.

    Small development companies need capital from time-to-time and it's not always the cheapest, most efficient method doing SPP's or rights issues.

    Who knows - it may even be a strategic placement, although I'm thinking perhaps just working capital until PFS next year.

    JT

    AAG Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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