Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest, page-352

say both deposits have 160m lbs

that is 40M lbs for AGS

say 24M lbs is recoverable (per was is reserve-able plus mining loss)

the total mining costs are A$40/lb

selling price average of spot & contract is A$55/lb on 0.75 exchange rate

i think selling their 24Mlbs for $3/lb is a good deal

plus getting the money they are owed

i think AGS should accept the offer if it includes, in addition, what they are owned from the past