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AGU Angus&Ross

2.625
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Angus&Ross AGU London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.625 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.625 2.625
more quote information »

Angus & Ross AGU Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 24/8/2009 11:39 by lol short killer
I can sell AGU at 3.05p in IWEB. But there is no any transcation today. What's matter? lol
Posted at 19/8/2009 07:37 by hard work
Keeping things in perspective:

Cyrus deal done in June 2007 when lead and zinc were $1.50/lb

We then suffered one of the brutelist recessions in the last 100 years, during which lead & zinc fell to 40c & 50c respectively

Since June 2007, AGU have increased reserves (Nov 2007), Attained the mining licence (May 2008), negotiated life-of-mine off-take agreement (Jan 2009), acquired a gold mine (June 2009).

They've also had to amend their production strategies from one of "easy, but costly" mining to one of "Efficient but cheap" which should result in them being in the lower quartile of producers from a cost perspective.

There is no question in my mind at all that AGU, without Cyrus support, would not be here any more. The two of them have been foreced into bed together as neither could Cyrus "take-over" the assets of AGu in an administration process (non-transfer of licneces etc). My fear was that they'd take the company private and I would have felt well and truly shafted.

I've taken part in two placings, one at 10p and one at 5p but do believe we are now on the cusp of great things...I won't say what i was going to say in case m4us screams...
Posted at 14/8/2009 11:51 by moreforus
eye o/t to agu and apologies to the bb...
ok with a massive dyor wealth warning..2 i like as they are undervalued relative to the real world fundamentals..

clea - held this for 18 months - gone from 0.5p up to 3p now back to 1.75 mid - market leading debt management solutions with lowest costs and best margins in a sector where there are record and growing insolvencies - broker note in march predicted 2010 profits as between 1 and 3 million gbp, means with current price its trading between a p/e of 1-1.5 to 4-5 - looks cheap. The price was recovering but someone took a dump so did the price so looks cheap now.

lgo - oil producer has a 7.27& in pen105 - a hungarian oil field thats pushed up ast by a 25% this week .. lgo hasnt moved plus has a monthly production update due next week that is meant to report a step up in production...

you could always buy more agu - we do have both egm and prelims in the next 10 days!!
Posted at 03/8/2009 16:33 by yorgi
All very well keep posting the price of Zinc and Lead Tommy......we all knew that it would rise again.......but it matters no one jot unless AGU start to show that they are going to get it out of the ground.....or gold for that matter.

However saying that I am still with AGU and beleive they will. The falling price of zinc and lead never unduly worried me as i was quite sure as the world economy recovered so would price of metals but AGU have to show they are up to it.

That is why their share price remains low
Posted at 23/7/2009 11:03 by bushtuckaman
Firstly to correct you agu is not a gold miner (or a miner of anything for that matter), it has produced nothing to date!

NGL's was a marginal producer when the share price went down to 2p and was caused by fear of the company going bust and/or a massively dilutive capital raising to save them. This was averted by the gold price spiking in oz dollar terms and so making them highly profitable again. Couple with this strong managment with a proven track record reducing cash costs and maintaining steady producing in the region of 20k oz per quarter etc.

The comparison is correct in that they were driven down to penny sp's. The difference is that AGU didnt avoid the massivly dilutive rescue and there are now loan notes (convertible at any time)into over 577 million share

Add to that the continued dilution of the SEDAR and the fact that to get BAM up and running they will need to raise alot more money through debt/equity ie more dilution.

This isnt a compelling buy imo, there are alot better plays about with much less risk.
Posted at 23/7/2009 10:35 by moreforus
why...6p plus 12-14 mill not me foxy..depends how you translate the 12-14 mill into a share price ..

ngl - gold miner..80k per anumn at a cost of 700 aud average cost..

agu - gold miner (plus zinc/lead) .. 33k per anumn at an initial cost of 600 usd (which will go down)

sorry am i missing something unless ngl make digital watched and agu make bananas....
Posted at 21/7/2009 13:16 by madmax2
Brokers are f'n useless. Fox-Davies have AGU listed as one of their clients. I don't know how much AGU pay them but it's too much - the FD page on AGU still talks about BAM production expected in 2009 and doesn't say anything about the Nalunaq gold-mine. Surely it wouldn't take much to update that ....??!
Posted at 03/7/2009 06:15 by moreforus
eye2..AGU is finally starting to make good and deliver so the price should rise and continue to do so..there is a proven reason now to buy and hold rather than simply sell into any strength... there were a LOT of buys yesterday - ie good volume...

if DS buys AGU then great , i just think we are still at entry level prices now for a nice sustained rally/rerating based on FACT and not HOPE!!
Posted at 02/7/2009 09:45 by wow400
Again, not much new but this from Fireheart over on lse:

'can say it now, as emailed agu the other week, gold mine should be in production by the end of 2009. BA should come out of care and maint by Q2 2010, by which time we should see some income from gold sales. Projects in brazil are of no economic value and the holding company for these is going to cease trading, at no cost to AGU. Thus the projects in greenland will be the only ones by AGU. Estimated gold production 30k oz pa.'

p.s. Forgot to say the consolidation will not happen until AGU are in full profit...

wow
Posted at 02/7/2009 00:23 by scotty1
You've been in ages edwardsj,well join the club lol or should I say I've
followed AGU for ages and been in and out a few times when I WASN'T HAPPY to
hold (stuck that one in for mario lol).I am very happy to hold now,best position
AGU have ever been in.If this was a couple of years ago the share price would be sitting at 40 odd p :-)
Shouldn't worry about your pension fund mate as long as iyou don't need it for
a couple of years AGU will get back up there.As I've said I keep in touch with
Nick Hall as I do with other ceo etc of other stocks I own (I wont touch a stock
were they dont or wont communicate with the shareholders learnt my lesson with that one long ago)I know you have to read between the lines with some of their replys as they cannot give out certain info obviously,but they are only human
and do have a little slip of the tongue now and then which is nice :-)as for my
target still not giving that out but suffice to say it's quite a bit north from
were it is now.I used the late unspotted rns as a little oppertunity to top up
with a few more.As far as i'm concerned they could have issued a rns like that
in the early hours of Sunday morning ;-)It's not how they start it's how they finish.

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