AGS 0.00% 17.5¢ alliance resources limited

Sulu - my goodness - you really haven't done your homework, have...

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    Sulu - my goodness - you really haven't done your homework, have you?

    General Atomic in the USA have a subsidiary called Heathgate. They are a private (i.e. unlisted) company that operate the Beverley Mine in South Australia.

    Heathgate, in turn, have a subsidiary called Quasar (also unlisted), and Quasar (75%) and Alliance (25% free-carried) are the joint venture partners in the Beverley 4-Mile exploration (Arkaroola).

    Thus, Heathgate, through its subsidiary Quasar, are AGS's partners, and also operate the Beverley Mine.

    Hope that makes sense....

 
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Currently unlisted public company.

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