AGS 0.00% 17.0¢ alliance resources limited

Ann: Wilcherry High Resolution Airborne Magnetic Survey Commences, page-7

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  1. 3,031 Posts.
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    Agree - lots of patience required. And some fortitude too I guess for a likely capital raising next year if AGS sole funds the expected $3.2 million in FY 2019 (to achieve 83.6% ownership). .... Only 3 « new faces » in the latest august 10th T20 update, so good shareholder patience and fortitude so far. ... Looking forward to AGS holding 100% as, according to one of the terms in the JV agreement: « Should a party’s equity fall to 10% or less, the parties agree to negotiate in good faith for the majority party to buy-out the minority party’s interest in the Project. » ... Perhaps we might even swop our 10% holding in Tyranna sometime down the track to get that 100% ??
 
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