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legal action, page-9

  1. 3,479 Posts.
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    champ,

    not sure i agree with this...
    "The only thing that will happen if anything is that the project will have to be delayed while AGS await for whatever information that is needed to satisfy ASX listing rules and regulations.

    Quasar won't be able to go into production until they comply with AGS so that AGS can then access funding to progress to production.

    So you see? All that AGS need to do is continue down this path and it will eventually force quasar/heathgates hand."

    as QSR proceed with going into production they will make contribution calls. if AGS cant make those contributions for watever reason, then IMO they would be deemed to forfeit their position and QSR would walk away with the entire project for without spending a cent.

    whilst i agree that a legal challenge would "achieve nothing but heartache and alot of financial pain for AGS" it may end up being our only viable alternative.

    hoping it doesnt come to that, but i would not be at all suprised if it happens.
 
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