AGS 0.00% 17.5¢ alliance resources limited

Hopefully someone can clarify in a respectful manner, but why...

  1. 645 Posts.
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    Hopefully someone can clarify in a respectful manner, but why would H/Q want to buy us out when they are doing a fantastic job of obtaining higher and higher percentages, which will lead to full ownership, by their current methods? Their current "outlay" is the production costs, which would not include the processing fee that they current charge us (ie. it's costing them a crapload less to get it out of the ground than it is costing us).

    Even if it's just the current MDA that they will eventually own 100% of, we can't forget that the actual area that this applies to is unknown (could be a significant amount of the deposit).

    Our best hope is for an external party to buy us out.
 
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