The issue was starting the M&D C Matter. Nothing else.
Everything that came about traces back to there.
At the last AGM I attended, the Directors gave a 10-15minute speech on their experiences with Q/H/GA to date. Listening to John Dunlop told me that the BBros completely thrashed the AGS Directors to that point. I even considered as I was listening to him, to go and get a box of tissues for him.
The AGS Directors took on the BBros and lost.
Was receiving 40m and the value of the mined U to date for their stake in B4M, enough?
They had NO choice, they lost the M&D C Matter and from that point imo the J/Venture was completely unworkable for the present AGS Directors(the final nail in the coffin after starting legal Action) and I would say that the motive from that point was to get out of the J/V one way or another, if they could, with something at least.
I'll never forget the line I.G. told me on my first talk with him at the first AGM I attended when discussing the chances of the M&D C Matter
" the shareholders wont like what I'm doing". Was it a slip of the tongue or words muddled, I believe the line was accurate. imo
Therein is the clue to AGS and all that has happened. imo
Shareholders will never know the merits of the Claim(Legal Action) imo
I believe that the extra 3c they spoke about should be returned to shareholders and then holders that experienced the debacle of the Legal Action can then move on or stay holding shares in AGS(I.G.) imo.
FO, IF you get that 3c, take the money and run, run, run!
Don't look back.
Good luck to you and all S.Holders from the Legal Action years.
Md
AGS Price at posting:
3.3¢ Sentiment: None Disclosure: Not Held
