AGS 0.00% 17.5¢ alliance resources limited

Ann: Four Mile Project - Completion of Sale to Quasar, page-15

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  1. 3,304 Posts.
    lightbulb Created with Sketch. 48
    Good to hear from you again, FO, and to see that you have kept your shares, but have not yet shed your disappointment or your hope.

    Ddzz, If shareholders "miscalculated the value" of the asset (and remember the stockpile value can be calculated objectively), then all those experts, and the directors, have been grossly wrong too. No, I think there's more to this than "miscalculated value" by so many; and/or the supremacy of HG/Q's tactics, or AGS's inability to manage the finances, or not to have been able to foresee the denial of revenue through stockpiling. (Did both sides go to court with clean hands ?)

    I don't think we'll ever know, but hopefully all the new entrants know something that we don't; and will not simultaneously dump their holdings post record date.

    Just my thoughts. GLAH. We live to fight another day. I'm putting some faith/hope in that - and in AGS's post sale strategy now that we're cashed up.


 
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