resource lb valuation, page-26

Please dont dont exclude one very important point , previously mentioned on previous threads.

Heathgate is running well below capacity at present, and dropping lower.

They need this resource to come on line as quickly as possible.

Now that AGS has its cash position resolved heathgate must resolve any disputes re accountability,costings etc as quickly as possible to avoid further impacts on their own bottom line.

I am starting to think that the Gandels/mjor holders will be looking at a takeover offer once resource size is better defined.

With them holding so many shares ( difficult to sell so many on market) this is the best, and probally only way, for them to get a big return.

Either way we small punters are in a win win situation IMO

Good Luck

Chicka