AGS 0.00% 17.5¢ alliance resources limited

Exactly right billy2803, how our directors came to the decision...

  1. 272 Posts.
    lightbulb Created with Sketch. 10
    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.
 
watchlist Created with Sketch. Add AGS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.