AGS 0.00% 17.5¢ alliance resources limited

The announcement says:- "The Loan is unsecured, interest free...

  1. 10 Posts.
    The announcement says:-
    "The Loan is unsecured, interest free and no fees are payable"
    BUT!!!!.....Next paragraph says:-
    Conditional etc....
    THEN:- Repayment by offsetting money owed to Abbotsleigh(????) by Gandel Metals(????)
    (Q How much money is owed between these 2 non related AGS Businesses?)

    BUT!!!.... After all the above "Mumbo Gumbo" doesn't happen
    We do pay interest (&fees????) but we aren't told what interest/fee's terms will be.

    I don't trust management have the shareholder interests at heart.
    I feel this announcement is a very doggy arrangement which lacks detail and full disclosure.
 
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Currently unlisted public company.

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