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Mr Aus, pls show us the long white candle today
Agree. Got some lots today.
Is time for it to move after rest for more than one month
I think many have given up....is it the bollinger wave squeezing?
I also almost want to give up )
Thanks!
Finally train started... will expect more upside.. chart looks gd
This counter, up and down like the sea wave. Ride on the tide.....
I think the agenda is already passed in the EGM on 19 June, so now Ezion can work on the contracts to be awarded to Ausgroup
shd be in the pipeline otherwise why u think Ezion is a strategic share holder now!
it is a win win thing for both companies n shareholders!
Any infor on Ezion when will announce?
happyharvest ( Date: 06-Jul-2014 22:36) Posted:
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Just boarded the train...
what is the Port Melville project ?
Codfish ( Date: 06-Jul-2014 19:07) Posted:
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Rto abandoned long time ago!
now only waiting for tie up with Ezion for contracts pertaining to Port Melville project!
thats what the latest EGM is all about n approved!
Are they going to do the RTO?
doubt ausgroup will have any action today...maybe next week .....
hold till neck dropping soon
Singapore & Australia
4 July 2014
AGC awarded new Service Agreement with Barrick Gold
AGC Industries Pty Ltd (&ldquo AGC&rdquo ), a leading Australian-based maintenance services, construction and
fabrication company, has been awarded a new Service Agreement with Barrick (Niugini) Limited
(&ldquo Barrick&rdquo ), a wholly owned subsidiary of Barrick Gold Corporation, for the provision of maintenance
services on the Porgera Gold Mine Lime Kiln Furnaces.
Barrick Gold Corporation is the largest gold mining company in the world. Awarding AGC this contract
further demonstrates our ability to service our clients both locally and internationally. AGC has been
awarded a 24 month Service Agreement, with the scope of works involving the provision of
maintenance services on two vertical shaft lime kilns, located at Barrick&rsquo s Porgera Mine Site in Enga
Province, Papua New Guinea. This service agreement is expected to create jobs for at least 12 highly
skilled refractory personnel who will be available on call for mobilisation to site as required.
Stuart Kenny, CEO & Managing Director said &ldquo The award of this Service Agreement further supports
our growing reputation as a maintenance service provider, in addition to the proven reputation that
AGC has built through our performance on projects across Australia and South East Asia. We look
forward to supporting Barrick as they continue their work in Papua New Guinea.&rdquo
Porgera Gold Mine, which consists of both open-pit and underground operations, is located in the
Enga Province in the highlands of Papua New Guinea. The mine is located approximately 130
kilometres west of Mount Hagen, 600 kilometres northwest of Port Moresby and about 680 kilometres
by road from the coastal port of Lae, from which all materials are freighted.
The mine is located at an altitude of 2,200 to 2,700 metres. Barrick is the owner of a 95% joint venture
interest and is the operator of the mine. It is a fly-in, fly-out operation, with personnel flying in from
Cairn&rsquo s to Mt Hagen and then transferring to another flight into Porgera&rsquo s own aerodrome. National
employees also fly-in /fly-out of surrounding provinces in PNG. Porgera operates 24 hours a day,
every day of the year, on a rotating shift basis.
Uob research tp o.57 when was the research report dated?
got hope!
Ya...I hope it can break 0.5 next week
moneycow ( Date: 03-Jul-2014 17:23) Posted:
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3 pips up in 2 days :)
..................hopefully...............continue like that..............
This stock rest for 2 months already...
UOB technincal tgt 57c
9 milion shares is not significant............ if we are talking about 100 million shares- maybe..........some dilution in the immediate and short term..........
Dilution easily make up with enhance profits.
The plus - is " Confidence" on a company' s future direction and dealings..............
If you look thing at a superficial level - yes you are not wrong............
It refelct your inner thinking.......... issuing of new shares are very common . most are pre-agreed at certain price.
If recipient agree sometimes ago to pay for the company' s share- or given the option to buy additional shares " with condition" long before the actual final transaction, its fare.
Maybe next you will question, why now price is like that, certain party can buy it so much cheaper ?
Its a long story - story that never have ending.......... haha...........
BUT why you ask such question ?
Newbie ?
Or trying to create doubts amongst to-be buyers..........or existing holders.so that they can sell to you cheaper ?
whatever - kesera sera.........should be one of the above........
I am also speculating........no implications - no one kows anything for sure.
Cheers.