AGS 0.00% 17.5¢ alliance resources limited

new director, negotiate settlement, sell, page-4

  1. 5,939 Posts.
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    Quasar go to trial and lose:

    Return asset to AGS and pay damages to AGS.
    ........................................................

    Quasar do a deal representing 100% of Four Mile:

    Buy asset from AGS and no pecuniary damage consideration.

    Quasar pay the price you do when you take on the risk of developing a project. They get to count their profits at some point in the future. We get to count our profits asap.

    Their happy. We're happy.
    ........................................................

    I think Quasar have a reason to settle.
 
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