Exactly right billy2803, how our directors came to the decision to give away a % of the mine annually until it is zero in 10 years is beyond me. It plays right in the hands of BB., They will own 100% of 4mile only having to outlay production costs which they would have had anyway if it were 100% theirs. All our outlay to production costs during the past few years will now amount to nothing unless we can sell our %25 to a buyer now. If we win the court case great, but if it drags on for the next 2 years while they stocklpile we are in trouble.
- Forums
- ASX - By Stock
- AGS
- ags court
ags court, page-115
-
- There are more pages in this discussion • 387 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)