AGS 0.00% 17.5¢ alliance resources limited

judgement day, page-96

  1. 6,616 Posts.
    Mayfair, what I found strange a couple of years ago was that surveys were being done on the lease during the early court cases. Why was that?
    Even stranger was there was no mention of this until about a year later in one of AGS's yearly reports.
    Had this been ordered by the court to get a idea of what is really there? Just maybe Q/H has no choice but to undertake their drilling program. It may have been a stipulated by J Mansfield so that a true valuation can be obtained.
    Much of the details of the court proceedings have been confidential. Is this one of the reasons? There seems to be a lot of emphasis on getting a valuation for some reason and nobody has put up a decent explaination.
    Seem to agree with Jayson again. B4M will only be sold if IG agrees to a price. He's not going to sell it while it still has potential deposits undiscovered.
    Why get these valuations, and undertake drilling programs if they are just going to continue mining together? Doesn't seem much point in that.
 
watchlist Created with Sketch. Add AGS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.