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17.5¢ alliance resources limited

Ann: ACE Issued with Permit to Possess Nuclear Material, page-79

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mugsley

6,616 Posts.

06/06/15

22:45

Post #: 15426699
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Originally posted by FarmerOscar ↑

dude i don't think you have thought this through.

firstly, going from memory all but one of the tenements surrounding the honeymoon plant have been released. it's no longer about the resource. it's about the fully permitted mill in it's current location or the facilities which could be made use of up at beverley.

secondly, there was that agm chatter a couple of years ago that honeymoon was for sale.

thirdly, the processing plant is costing rosatom money just sitting there under care and maintenance.

fourthly, there has been plenty of other transformational deals that have been done in the uranium space over recent years including sales of processing plants e.g. shootaring canyon processing plant in utah.

fifthly, rosatom could handball the decommissioning and rehabilitation responsibilities over to quasar and therefore it could be sold on the very cheap.

sixthly, honeymoon in relative terms is just down the road from beverley.

i think this could be a win/win deal if quasar was to acquire honeymoon.

maybe quasar may need to change their outlook and start accepting that alliance resources maybe here to stay.

if alliance ends up with control over the destiny of our uranium then everything changes. the game changer could be as close as days away.

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Do you really think Heathgate are going to accept that we are here to stay! Come on FO, they have been trying to kill us for how many years now? Anyway this project doesn't fit AGS's criteria of full ownership and control. Not going to happen no matter how much you hope it does. They can't keep going to court over every disagreement. Sales rights returned and this project is history for AGS.

AGS Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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