AGS 0.00% 17.0¢ alliance resources limited

Ann: Investor Presentation - Entitlement Offer March 2019, page-9

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  1. 395 Posts.
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    I think it's very early days for this project but as you said the fundamentals are good. I think the company is in a good position given what stage it's at of the project (very early days). They will be burning through cash for a little while longer with developing this asset into something banks or institutional investors will throw money at. With only ~100 million shares that means they have time and room to continue to raise funds to tick off the boxes. so far the grades are fantastic. 185,000 ounces at 5gpt is very strong. If we can get to 400,000-500,000 ounces that to me would be a big boost.

    Early days but some things to look forward to in the short-medium term.
 
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