just for comparison sake have a look at the difference in quarterly reports in australia compared to the usa.
uec v ags. both are now producers except uec has decided to put a halt to production atm.
uec has a mc of over 3 times that of ags and i rate ags a hell of a lot better than uec. just saying. actually i wouldn't touch uec even though i like the uec ceo.
http://www.allianceresources.com.au...4thQuarterActivityandCashflowReport30June2014
http://www.sec.gov/Archives/edgar/data/1334933/000106299314003591/form10q.htm
at the end of today four mile will have completed 16 weeks of production. maybe now quasar resources should have a good idea how economic four mile is unless they have not got a buyer lined up for what has been produced. that is not what we have been officially told though. and unless the budgeted sales price(s) has changed. and that is not what we have been officially told though either.
ags shareholders are due for some kind of announcement with regard to this matter. confirmation of impending sales and production economics at the very least.
everything appears to be looking very good atm.
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