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17.0¢ alliance resources limited

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

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spruik

7,330 Posts.

03/08/17

10:46

Post #: 26260929
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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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Yes, but please remember where those funds came from... us current and previous shareholders. Most of us well remember the 60c contribution to develop 'our mine'.

These funds are but a fraction of what we contributed.

AGS Price at posting: 8.0¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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