AGS 0.00% 17.5¢ alliance resources limited

This should be now considered a very real opportunity for...

  1. 5,939 Posts.
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    This should be now considered a very real opportunity for Alliance Resources.

    We have the ore and we have all the approvals in place.

    Mine gate sales. Lets do a MOU plus plus plus.

    AGS should be flying right now. $1 party when is it LOL

    http://economictimes.indiatimes.com...cquisition-of-arrium/articleshow/60311599.cms

    "The group will now begin a 100-day review of the business and finalise a transformation plan to make the 6000-worker enterprise sustainable. This will include finalising capital investments across sites, utilisation of excess production capacity, reduction in raw material costs, greater energy efficiency, development of new high-value added products and services for the Australian market and increasing export of iron ore and steel products.

    The group will be investing 1 billion US dollar across the Whyalla steelworks and mining businesses for modernisation and expansion."
 
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Currently unlisted public company.

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