I can see where he is coming from if he has just bought in but he refuses to understand that the majority on here have held since the CR(60c) days when AGS had 25% and raised 45m at the decision to mine. That's a Company maker but where are we four years on? Some posters on here have held longer.! but
Put himself in my shoes holding for Four long years and now having the Reduction process in place and the real possibility that due to bad luck/ decisions whatever, Real Value for Four Mile will never be achieved. imo.
Would you MMartin make positive posts, considering the Reduction Process in place atm and uncertainty as to what is the future. I don't pre empt Court decisions.
But, when is certainty coming?
When ACE is sold?
MMartin below is quoted from the AGS announcement 23/2/2015, you posted to start this thread in part in relation to Quasar's offer.
"Based on both internal and external valuations of the Project, the Board considers the offer to be significantly below "fair value"
Heres something you can do for all of us on here
Email AGS quoting the ASX Announcement you posted and ask them what is "Fair Value" for ACE?
TIA
Md
AGS Price at posting:
8.0¢ Sentiment: None Disclosure: Held
