AGS 0.00% 17.0¢ alliance resources limited

Not sure if anybody is watching. Buy Tyranna which Alliance...

  1. 130 Posts.
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    Not sure if anybody is watching.

    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
 
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Currently unlisted public company.

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