AGS 0.00% 17.5¢ alliance resources limited

ags valuation, page-19

  1. 1,513 Posts.
    The only valuation of AGS that is worth considering at present is the last trade price for today.

    We cant expect any news, I would think, till the end of the month just before the quarterly report, based on past efforts. So till then we are in limbo. The one good thing we have at present (apart from the resource of course} is the 30M dollars was raised before all the credit dried up. Depending on the Company`s "burn rate" we have some time to go in this current climate. AGS is therefore in a better position than many other cash strapped explorers.
    The question now is how quick they can be a timetable and how long we can wait?

    Cheers and good luck. Chicka
 
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