AGS 0.00% 17.0¢ alliance resources limited

Ann: 1st Quarter Activity and Cashflow Report, page-2

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  1. 3,031 Posts.
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    Really great tenements, and a huge amount of potential with Wilcherry .... But now with less than $3.9 million in cash, and the upward creep in exploration, admin and director costs, a CR must be on the 2019/20 horizon. ... Was hoping ALK might have thrown some of its excess cash our way rather than at CAl and EXU (if that were permissible). .. I know our number of shareholders is low (post the consolidation some years back), and that the company has done very well in a short period of time since selling its previous flagship asset .... but it would be comforting (for me anyway) if we had a fatter cash balance ... or the pospect of achieving that without a CR. 


 
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