fifty shades of ags, page-39

The AGS Team have factored in the current market conditions and capital costs to come up with this 40%.

I'm sure alot of thought has gone into it. Sort of. lol

AGS has a clause that it will only happen if it is a good deal at the time so we can't really lose.

What I would like to know is why is there no exploration going on now?

Four Mile South... how bloody big is this??? It could be huge!!! We know mineralisation is there. Start drilling yesterday I say. And what about doing some exploration in Four Mile abutting the Beverley North deposits.

If we proved up more U now we could change the 40% to 30% ot maybe 20%.

There is a reason why no exploration is deemed necessary atm. I think I know what it is. lol