We know the result already, the details / justification should be no big deal.
Denial of access to the books means AGS cant prove unconscionable behavior, and therefore an over-charging for production which will effect AGS profits. AGS will appeal.
Further discovery which was granted for the M&DC case is a win, so an announcement should be worded such. This ruling is the catalyst to bring Quassar to the table to negotiate.
And while we are all playing closest to the pin, I call a T/O price of .80c (I would like more but Top 20 owns 56% so it may be a case of lost opportunity elsewhere for these guys) IG's ALK is going through the roof.
That said, I have no clue as to why the Chile investment. A good vehicle to move costs / siphon profits off-shore but most of these types of ventures always end in tears for the shareholder.
AGS Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held