AGS 0.00% 17.5¢ alliance resources limited

people selling off, page-12

  1. 7,892 Posts.
    lightbulb Created with Sketch. 251
    re: for vespasian03/pennynut The rumours as I have sort of posted before are
    1. AGS is a takeover target because of the Beverly
    extension.
    2. The takeover will be influenced by a clearer indication
    that Australia can develop a single Governmnt policy re U mining rather than various and variable State
    determined policy(eg could you imagine a local municipal council determining policy which had a national impact),well that is the size of some State jurisdictions W.A. Tas. N.T. These discussions are already underway between Aus and US and remember Heathgate runs a fair part of Washington.
    3. It will be a cash offer to AGS shareholders with AGS and share holders retaining the developing Maldon goldfields ie cash for the U bit and a retained interest in Maldon and anything else AGS does as an entity.
    4 And the AGS board will resist for an on going royalty
    which will depend on voting power and is a preferred option
    5. Either way I am happy to be holding
    6 RUMOURS ARE JUST THAT
 
watchlist Created with Sketch. Add AGS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.