I appreciate and your thoughts and agree he did seem genuine....

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396 Posts.

28/09/14

18:27

Post #: 14040170
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Originally posted by sisyphus ↑

Jawden ?? Like Sludge and others I've wondered about that too. Yes, Jawdan caught us all at a time when we were stunned by AGS's unexpected capitulation. My own view is that Jawdan was acting on behalf of someone else (his boss perhaps). But whatever the case I think it was a good thing. And he did a good job. We galvanized pretty quickly. Over reacted you could say. But we had a collective voice, and we let it be known that the non-executive part owners of the Beverley Project had a voice, and that we had concerns.

Re the big question. I think JC could be right. That it’s Heathgate (not QSR). The timing makes sense, the silence and the strict confidentiality surrounding whatever took place in the legal settlement – not to mention HG's first right of refusal.

The explanatory notes issued to shareholders re the DSR deal suggested that in “limited circumstances” it may be possible for Itochu/Nura, with company consent, to transfer or dispose of the deferred share rights to HG or QSR. (It was actually expressed the other way around .. viz "except in limited circumstance" etc). That scenario could explain the depressed SP. A low entry for 40%. With VWAP being calculated at the end of this month. .. It might also explain the hint of an announcement coming sooner rather than later..

Just some September thoughts .. as time draws near.

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I appreciate and your thoughts and agree he did seem genuine.

Cheers

AGS Price at posting: 22.0¢ Sentiment: None Disclosure: Held
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I appreciate and your thoughts and agree he did seem genuine....

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