Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest, page-195

First 195 Last

Share
Profile

Follow
eshmun

12,260 Posts.

3833

04/07/15

13:17

Post #: 15580657
Share

Originally posted by eshmun ↑

I'd have to hunt down a calculation I made concerning the value of the discounted cash flow from the company's own projected diluted revenues from the project (which I'll try and find for you).

So far Quasar's offers are not falling out of the range set by these discounted cash flows and why would they unless AGS can show that it has the financial capacity to stay in the joint venture. Quasar run a business not a charity, so as such they won't pay more than they expect AGS is able to achieve through their own efforts and merits.

A lot of people on these AGS threads believe there will be offers from third parties over 4 mile if AGS win the sales rights back. Personally I only think that this will be likely if they also restore their 25% interest in the project and the price of uranium starts rising rapidly. The likelihood of these events happening is extremely uncertain and the company hasn't even disclosed if it is seeking the return of its 25% as part of the claim in the court.

Eshmun

Expand

370830,

I found that post for you. On the 14th of May I'd calculated the discounted cash flows at between $69.37 million and $78.95 million. What is the current offer? Lower end of the range it seems....and will AGS have any tax obligation from the sale of ACE/4 mile that might reduce the net figure to AGS? Does anyone know the answer to this.

http://hotcopper.com.au/threads/directions-hearing.2508744/page-367?post_id=15283251#.VZdM4SwVjIU

Eshmun

AGS Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

VUL

Vulcan appoints investment bank and M&A veteran to board

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

There are more pages in this discussion • 209 more messages in this thread...

First 195 Last

Add AGS (ASX) to my watchlist

Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest, page-195

Top Stories

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Vulcan appoints investment bank and M&A veteran to board

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Featured News