Buy Tyranna which Alliance Resources (ASX=AGS) is the biggest share holder, has just increased to a $15 million market cap. And shares are up 50 percent just yesterday.
$15 million for Tyranna but Alliance still in the $8.5 million mark? Not sure why this is?
However Alliance resources has more CASH than the market cap.
Market Cap $8.5m
Cash $8.5m
Not including the shares in Tyranna.
Plus gold hits in the South Australian Weednanna project of:
49m @ 6.3 g/t Au from 45m,
14m @ 36.1 g/t Au from 118m,
60m @ 5.65 g/t Au from 47m
AGS Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
