AGS 0.00% 17.5¢ alliance resources limited

It is interesting to see the subject of JV dissolution come back...

  1. 227 Posts.
    It is interesting to see the subject of JV dissolution come back again.In my thoughts on the Agm I said I was struck by what seemed to be a meeting strategy - Ags is working hard to achieve production ( and has no other agenda )but has been tripped up by incomprehensible tactics. Can Ags get the ground back / No. What is H up to ? Don't know. Damages ? - Can't speculate on outcome. There was a definite lid on certain areas of questions.
    I have no legal knowledge but it seemed to me that Ags has carefully positioned itself to be clear of any blame and entrapment of its partner, allowing H infinite rope with which they can hang themselves and leaving a wide open claim for damages - an issue which was a complete no no at the meeting. Perhaps the definite no !!! to JV dissolution at the meeting was part of the strategy.
 
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