AGS 0.00% 17.5¢ alliance resources limited

Looking forward to next week. Hopefully we'll find out the...

  1. 935 Posts.
    lightbulb Created with Sketch. 57
    Looking forward to next week. Hopefully we'll find out the answers to some questions I've posed previously.

    Questions like:
    - When did Quasar Resources make the decision to stockpile?
    - When was this decision communicated to AGS?
    - Why did they ship uranium to Cameco if they had no intention of selling it?
    - Did they ship the uranium in order to make it appear to AGS that cashflow was imminent?
    - Did Quasar Resources have existing contracts that they could have sold into?
    - According to a presentation released to the ASX by AGS, Quasar's startup plan forecast production of 2.128Mlb of U with sales of 1.306Mlb over 10 months. As AGS's agent, why wasn't AGS entitled to rely upon those projections when doing their forward planning?

    Having said that, there was a reason IG went to the US, still hoping this doesn't go all the way & we get some good news this week.
    Last edited by chrisCarter: 24/05/15
 
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.