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17.0¢ alliance resources limited

Ann: 4th Quarter Activity and Cashflow Report - 30 June 2017, page-3

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red-frog

1,712 Posts.

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02/08/17

20:23

Post #: 26251086
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Originally posted by sisyphus ↑

Very encouraging conservation of cash. Still nearly 9.5m in funds, excellent results to date and, the best part imo, only around 104 million shares on issue!!

You can't but be impressed with SJ's recent Sydney RIU presentation. He would not use superlatives like bonanza gold discoveries etc carelessly. ... So, AGS looks to me to have the goods: excellent results, conservative management, solid cash reserves ... and a lot of potential on the horizon.

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Been slowly accumulating these over quite a while. Well run company and good buying at current price.

AGS Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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