RE:RE:Watch for share price reversal / profit taking
I understand that the Alberta government will be resolving claims with AOS and nine other corporations and that this process is currently ongoing. Some are going to fight, some might just settle, as they had no production when the decision came out. I understand a letter is sent to AOS to initiate their application for compensation. So it isn't just a matter of what the legislation says they get repaid, its a matter of when the goverment decides to deal with AOS and sends AOS a letter to initiate the process. I hope it is soon, but it sounds like it depends on when the government decides to deal with AOS. So I guess we cannot blame AOS for the delay in submitting, unless they are sitting on a letter.
Then shareholders have three questions. How much of the AOS claim will the government cover? When will AOS get the money? And the third question is, which nobody seems to touch on here - What does AOS plan to do with the cash influx?
Then what?