AGS 0.00% 17.5¢ alliance resources limited

mining lease is formally issued 1 week after.., page-8

  1. 433 Posts.
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    MD,

    I totally agree with you and expressed similar thoughts the other day.

    Whilst the granting of the mineral lease may not assist AGS's case in the M&D C proceedings, I can't see how the M&D C case can prevent or otherwise hinder the granting of the mineral lease as it is a legislated (separate) process.

    The more I think about this the more I am becoming convinced that the M&D C case will be discontinued/settled. The Judge to AGS, "If you say Quasar/Heathgate are not entitled to the 75% interest in the JV, why on earth have you subsequently entered into a NTMA with them, jointly registered that NTMA with PIRSA and accepted the terms/conditions of a mineral lease with them?"
 
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