AGS 0.00% 17.5¢ alliance resources limited

look at todays trading, page-282

  1. 645 Posts.
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    The plot thickens...

    When H/Q voted to start production, and AGS released the announcement, it indicated that H/Q estimate the U price to be approx $60/lb, yet AGS (in particular SJ) was quite voacl about their/his thoughts on that estimate (indicating that it was a very generous estimate).

    Obviously the U price is just on $45/lb, so it has a fair bit of work to do over the next 12 months to get to the H/Q estimates, but when articles like the one that Jayson1 posted start popping up in the media, it does give some confidence that the U price may be heading toward that amount that H/Q are predicting.

    I'll throw this out there, and the reaction will be similar to a solitary chip being thrown to a pack of seagulls, but why the negative reaction from SJ about the estimated price from H/Q?

    The plot thickens!
 
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