AGS 0.00% 17.5¢ alliance resources limited

shorters playing with fire, page-17

  1. 2,547 Posts.
    Even more:

    AGS ALLIANCE RESOURCES LIMITED FPO 670,487 27,272,628 .24


    Interesting agm today.

    World class deposit which will be mined when the time is right. And that timing will be dictated by Quasar. Relationship with Quasar has somewhat soured when compared to last years agm's comments.
    No mention of timing for scoping study
    JORC for B4M east will be delayed. Again dependent on Quasar.
    No time figure given to when the deposit will be production
    Leach trials by mid next year. Again dependent on quasar
    Will take multiple years to drill out the extent of the deposit. So only will get bigger
    Source uranium originates from mount painter MTN's lease
    Decline delays for the Maldon gold project due to OH+S obligations, machinery break down, ground water and unfavorable soil conditions. Mid next year estimated time to hit the targeted gold deposit. It was forecasted that they would be at this point by the end of the year.

    Now I somewhat understand why there are so many short sales.

    If I recall any further details I will let you all know

    Btw who were the louts in the last row asking all the tough questions?
 
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