AGS 0.00% 17.5¢ alliance resources limited

Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest, page-327

  1. 5,939 Posts.
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    hi raw.

    thanks for the admiration. i wish admiration was a form of currency. lmao

    my reality is a little different to yours.

    i can name a very small uranium producer/explorer with a market cap of around u.s.$240 million that has actually pulled back on production and is selling a very small amount of uranium on existing term contracts.

    my point is is that they are a minnow compared to heathgate and they have a number of term contracts. one being for this year where they are selling their uranium for u.s.$58 per pound. so to say that alliance may not be able to match quasar on the marketing front may not be the case.

    there may also be a situation that currently exists where quasar has already locked themselves into something that they are not all that happy with. there is a history there over at beverley. lmao

    so just maybe it would be better for alliance to be marketing and selling their uranium regardless of whether this current stockpiling dispute took place or not.

    we can all keep guessing. lol
 
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