Interesting News FindWhile doing a little researching recently I came across the following very interesting news release:
https://www.miningweekly.com/article/newcrest-sells-bonikro-gold-mine-for-81m-2017-12-13
Looks like the Bharti group and others pulled off a private transaction to buy the producing Bonikro gold mine from Newcrest (100,000 oz + per year producer) in late 2017.
Just speculating here but could AGG become the public vehicle that the Bonikro asset is rolled into? Can the cash flow Bonikro spins off be enough to put Koboda into production?? Might we have a new, emerging 200,000 - 300,000 oz per year West African gold producer??? Need to see if I can find some more info on this mine in the Newcrest archives.
This could become very interesting for those that have the patience to persevere. Lord knows my patience has being sorely tested since the HUM fiasco but maybe there was a reason for the stall out on the HUM deal. The timing sure fits.
BTW Treetroll I see you're still lurking about casting unsubstantiated gloom once again. AGG still has cash, approx $3MM if I'm not mistaken and that's enough to do some drilling. Once an azzho always an azzho.
GLTA long suffering shareholders. I'm speculating but I see a glimmer of hope on how things could come together.