So, the board want extra exploration to take place, which our JV partners aren't going to do, but in the next breath we will be advised of a fair price through an independent valuation.
If be interested to know how management/the board will "sell" the valuation to us when it will clearly not contain all aspects of the Four Mile area.
Blind Freddy can see the buyout figure will equate to 50c a share, as per their company-funded valuation that was previously released to the market.
These levels would be an ideal entry point as I would expect you will make a reasonable profit come sale time. Don't think I'd want an avg price of over 25c (I'm in that boat unfortunately). Might be lucky to get my money back and then have a few shares in a company trading at 5c or so.
AGS Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
