AGS 0.00% 17.5¢ alliance resources limited

Ann: Four Mile Project - Completion of Sale to Quasar, page-32

  1. 7,853 Posts.
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    Best you get along to the next AGM and find out.

    The way I look at it is AGS had 25% and ended up selling it for around 50m plus the mined Uranium.

    The only meaniful vote on that was between the Directors and what else could they do. They placed themselves in that position. imo

    If you were running a Company FO, would you place the Company in a position where the only way out is to take peanuts for your main asset! imo

    Back to AGS now here and remember the interested parties they had through the Deloitte Process. What happened to them. I bet they were willing to pay more than 50m! imo
    Must have been a hell of a hole AGS was in to have to take the 50m?!

    The appropriate blame lays at the feet of the obvious. imo

    Else we'll be going over and over it for the rest of our days.

    I'm going to the next AGM and then I'll call it quits with this mob.

    A couple of the Directors need to resign imo

    The functioning of the Company would be better served with a change at the top. imo

    Md
    Last edited by Metalduster: 07/10/15
 
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Currently unlisted public company.

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