Quasar Resources offer looks opportunistic & designed to take...

Quasar Resources offer looks opportunistic & designed to take advantage of what they perceive to be AGS's weak financial position.

I don't believe it is a genuine assessment of the value of B4M. Remember we're looking at a 150Mlb+ low-cost deposit in one of the safest jurisdictions in the world. AGS's share is either 15% or 25% of that, so either way worth a lot more then Quasar's offer.

Also remember the $25m figure quoted for what has been mined is likely to be based on spot price. AGS, if it regains marketing rights, is likely to achieve a better price then that.

Still, it's up to the courts as to whether AGS can release the full value of B4M and no-one here can tell you which way that's going to go.

".....i never Doubt U sector will recover strongly in not far future......."

We all hope so & I think a lot of that depends on developments in China. Everything looking to be progressing well on that front.