FO
Been noticing your last few posts and it appears to me you are aware of the possibility that the shareholder will or could get shafted here. imo
But 71m to 500m! That's a big jump and one would think it aren't going to happen.
Quasar's offer has been made valuing ACE only on the 2.5m lbs Mining Development Area (ACE's share then AGS withdraws from Four Mile) 110m was the quoted full return.
That's all she wrote according to Quasar's valuation. imo
So why do you believe H/Q made the offer. Did I.G. as posted on here, make that trip to the US?
As I posted, does anyone truly believe that they will up the bid to 400-500m?. That's ludicrous. imo
All Q/H are saying if they made the offer on their own account or was asked by AGS is, take 71m or continue on with 110m over 12yrs. That's the position as it stands prior to the Court decision as I can determine it.
imo H/Q wont come to the party with a bid that is any where near true value.
Only an outside buyer would. imo