This is what AGS actually said: "Alliance considers the drill hole density over a large part of the FMNE area is sufficient to estimate an Inferred Mineral Resource and this may be undertaken on receipt of the latest drill hole database"
They're flagging that they might upgrade to Inferred. They haven't done it yet.
I don't recall any reference to a future IG loan.
Offer has been rejected. As far as we know, there is no offer on the table capable of being accepted. There is effectively no offer (that we know about). The suggestion made elsewhere by other posters that AGS should trade at "offer" price is wrong because, as far as we know, there is no live offer.
As to the CR shortfall, looks like an opportunity to me. People need to act in their own best financial interests considering their own personal risk profile. Shortfall is being filled, I got in for my chop. May turn out to be a bad move, don't know. Might also turn out to be a good move. We'll wait and see.
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This is what AGS actually said: "Alliance considers the drill...
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