AGS 0.00% 17.5¢ alliance resources limited

I'm not sure the further delay is any worse than we have already...

  1. 227 Posts.
    I'm not sure the further delay is any worse than we have already been hit with. We now have the mexican standoff which was probably inevitable when H hit us with their tax of US$10 per lb on production. We have 25% of a very large proven U source which is ready to go but is going to stay in the ground in the meantime and we have $45m in the bank and a chunk of a gold prospect that will be producing next year. I would like to think that commercial reality will bring about a solution before too long. When you look at the sums companies spend trying to find the stuff it would seem a bit cruel to have the opportunity sitting there but not to take advantage of it.
 
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