going forward, page-5

How on earth Mr Hamilton and the AGS did nothing wrong?

It seems to me that those 183 millions shares were sold between 3 June- 4 July 2011. Price between 0.009-0.005

See announcement from 3 June 2011
EDM issued 183,823,529 shares
'Number of +securities issued or to be issued (if known) or maximum number, which may be issued - 183,823,529
Issue price or consideration - $0.0068 per Share'

And chart:
http://finance.yahoo.com/echarts?s=edm.ax#symbol=edm.ax;range=3m;compare=;indicator=ema(41,195,8)+volume+macd+stochasticslow;charttype=candlestick;crosshair=on;ohlcvalues=0;logscale=on;source=;


On 5th July 2011 EDM issued further 378,000,000 ordinary fully paid shares as a form of capital rising
Issue price - $0.004 per Share

Announcement : Capital Raising
'The Company is also pleased to advise that it has completed the placement of 378,000,000 ordinary fully paid shares, together with 378,000,000 free attaching options exercisable at 3 cents each on or before 31 December 2012, at an issue price of $0.004 to raise $1,512,000.
Funds raised will be utilized to provide ongoing working capital for exploration at the Mt Hagen JV in Papua New Guinea and completion of the planning for the Baita Transaction'.

From 5th July 2011 the AGS was selling shares from those 378,000,000 issued shares, which they suppose not to sell, transfer or short.

That's why we have the announcement on 11/07/11
'According to the agreement: AGS, in relation to the Funding Facility, was conduct contrary to the Corporations Act 2001 which was damaging to the interests of the company and its Shareholders'

As such the AGS sold over 55 million shares on 6 - 8 July
See chart
http://finance.yahoo.com/echarts?s=edm.ax#symbol=edm.ax;range=1m;compare=;indicator=ema(41,195,8)+volume+macd+stochasticslow;charttype=candlestick;crosshair=on;ohlcvalues=0;logscale=on;source=;

AGS' behaviour contradicts the signed agreement with EDM.