AGS 0.00% 17.5¢ alliance resources limited

Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest, page-292

  1. 3,305 Posts.
    lightbulb Created with Sketch. 679
    mmartin, I wouldn't be so convinced on the fact that Quasar stockpiling (and "starving AGS of cash") is the reason AGS were unable to maintain their 25% interest. At least not the sole reason.

    we all want a win for AGS but even you must admit, our management have performed below par. From what I can recall from the trial, AGS management and even one of AGS's own "experts" expected a shortfall of cash, even if no uranium was stockpiled... that should be a worry to us all.

    I could point out more faults of our management that I learnt from the trial, but i'll leave it at that for now.
 
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.