AGS 0.00% 17.5¢ alliance resources limited

Or Funds must be low! lol And Looking at the announcement re the...

  1. 7,864 Posts.
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    Or

    Funds must be low! lol

    And

    Looking at the announcement re the Sale update.

    Bob Tolliday wrote it SJ signed off on it.

    Givern, all the information released in Presentations re ACE by Mr Johnston, it must be difficult to sign off on it. ??!! imo
    "On 13 July 2015 Alliance Resources Limited (Alliance) announced that it had accepted an offer from Quasar Resources Pty Ltd to purchase Alliance Craton Explorer Pty Ltd's interest in the Four Mile Project for A$73.975 million.

    Alliance is pleased to announce that, other than shareholder approval, all conditions precedent to the sale have now been fulfilled.

    A general meeting of shareholders is being held tomorrow, 11 September 2015, at which a resolution to approve the sale will be considered by shareholders.
    The Directors have recommended that shareholders vote in favour of the resolution.

    For and on behalf of the Board.
    Steve Johnston
    Managing Director
    "

    Anyone going to the EGM give us a rundown of the atmosphere in the room.


    Disappointing day for all. imo

    Md
    Last edited by Metalduster: 11/09/15
 
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