He mentioned that their JV Partner (Quasar) is handling the resource upgrade (JORC)., (and he - as a large shareholder of the Company - is probably just as eager to see the announcement as anybody else) and he made it quite clear that they want to get it 100% right before it is released to market! The general sentiment (from my own opinion) in both Companies is that this could possibly be one of the biggest uranium finds in Australia (& therefore the world). There is a lot of pressure on them to get the announcement out ASAP & it was obvious that the CEO's sentiment was that the holders would be rewarded for holding & it would be unfortunate for the traders if they were out when the announcement came out! Having said, that he has not seen the Report and of course he cannot comment on it! So, in the end, the holders will hold and the traders will trade - but AGS also want this announcement out like "yesterday". The Company looks like going gangbusters in the short to medium term IMO!
Cheers, Pie
AGS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held