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17.0¢ alliance resources limited

Agree.

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Wheeliedave

86 Posts.

09/11/17

10:04

Post #: 28632471
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Originally posted by MrTop5 ↑

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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Agree.

AGS Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Add AGS (ASX) to my watchlist