RE:New lows coming Once again, I must qualify Tree2tree's comments. When we prefer to progress by putting others down, we end up losing sight of the fact that we must make efforts to accomplish ourselves. Be lenient all the same because his lack of rigor also has very negative consequences on his investments. Basically, he's here to let off steam ...
The future of AGG is not compromised as the quality of its Kobada project is still intact. This future is probably different from what you've always imagined, but that's it.
In my opinion, the current drop in SP greatly reduces the chances of AGG being diluted again. It's a small consolation, but reducing the possibilities means that we can better anticipate what will happen.
A repurchase of the assets of AGG by conversion into shares of the acquirer is not necessarily negative. And this is particularly true if the acquirer is a small-scale gold miner. The marriage of money with a quality license such as Kobada would be a new start for AGG shareholders.
Integrating the Kobada permit into the assets of a small-scale operator would offer very interesting potential for all parties. Thus, the Kobada permit would not be diluted in a huge portfolio of assets and would provide growth potential for the acquirer's SP. If, for example, the Kobada license were bought back by Endeavor, this would have very little impact on the overall value of EDV, which would make a buyback by exchange of shares uninteresting and would favor a cash buyback probably below your cost.
For the moment, I believe in staying calm and that the best thing to do is to hold on to your actions. As mentioned by Danny Callow in the last webinar, we will be fixed by the end of the year and I am confident that in time it will be beneficial to the shareholders of AGG.