AGS 0.00% 17.5¢ alliance resources limited

aegis feb 25 report, page-13

  1. 916 Posts.
    Assuming that they need funds and were to go the capital raising route, they would first pump the share price to limit dilution. This would likely happen after the uranium resource doubles this month. Personally, I believe that they go the bank finance route if necessary. I want one last fill so would fully welcome a raising but dont think it will happen. Capital costs will be around 25 million for B4M. This is a world class deposit and securing finance will be easy and pay back on say $10 million will be 3 months. Remember that cash flow from this project will be anything from 30-50 million pa AGS share. Those waiting for 25c are dreamin and should be thankfull that a posi can be secured ~40c.
    $1.00+ by Xmas imo.
 
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