AGS 0.00% 17.5¢ alliance resources limited

Settlement/purchase options, page-311

  1. 935 Posts.
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    Looking forward to next week. Hopefully we'll find out the answers to some questions I've posed previously.

    Questions like:
    - When did Quasar Resources make the decision to stockpile?
    - When was this decision communicated to AGS?
    - Why did they ship uranium to Cameco if they had no intention of selling it?
    - Did they ship the uranium in order to make it appear to AGS that cashflow was imminent?
    - Did Quasar Resources have existing contracts that they could have sold into?
    - According to a presentation released to the ASX by AGS, Quasar's startup plan forecast production of 2.128Mlb of U with sales of 1.306Mlb over 10 months. As AGS's agent, why wasn't AGS entitled to rely upon those projections when doing their forward planning?

    Having said that, there was a reason IG went to the US, still hoping this doesn't go all the way & we get some good news this week.
    Last edited by chrisCarter: 24/05/15
 
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