people selling off, page-12

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