Yes, too many clandestine deals on both sides of the joint venture, I believe.
Had AGS not been greedy in wanting 100% of B4M would we have had a better outcome? Had huge egos not clashed in those early JV meetings would the result have been better for shareholders?
Then of course there was Fukoshima. I'm in Hiroshima right now so can understand the political sensitivities re uranium; but I'll never understand AGS's poor financial and risk management that led us from $40 million dollars in 2010 to the fire sale we had to have years later.
Where too from here? Another shell when Gandel Metals pulls out or close shop and divvy out what little is left?
AGS Price at posting:
3.4¢ Sentiment: None Disclosure: Held