Ann: 2010 AGM Presentation by Mr Steve Johnston , page-23

re: Ann: 2010 AGM Presentation by Mr Steve Jo... Harry7
Good post.

The last para in your posts says it all.

Thats why I believe there is next to no chance that AGS will reclaim the entire resource.

The 75% partner pulls the strings. When the Price is right they will move. As has been posted they can agree to a resolution at any point if need be. They can also, if need be, go all the way through Court processes if they need time for U prices to move to a level acceptable to them. Again at any time they can settle. Either through buyout or resolution.
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Its very probable the Price of Uranium will move higher.

Along the way there should be areas of pullbacks and/or consolidation.

imo The move from 60 to 80 will take a longer period than the recent move from 40 to 60..(Spot price).

Good Luck all
Sm