AGS 0.00% 17.5¢ alliance resources limited

The part about the 74c share valuation is interesting. Yes, it's...

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    The part about the 74c share valuation is interesting. Yes, it's for "AGS", but how much income are we producing from our other "projects', and in general, were these other "projects" factored in to the valuation? I don't recall reading anything other than B4M in it, but I may have missed it

    Taken from the RCR report p4
    B4M projects - 162 + 45 = 207million
    Other resources - 2million (Chile and Warrina East Frome)
    Octagonal investment - 1million
    Cash and Tax Losses - 52million
    Less the corporate liability of 9million (I assume this is legal fees outstanding at time of report?)

    Providing total of 252million for 74c a share. However 207million attributable to B4M (~60c a share) But then that 207million is based on better financials than currently in place (Au$ and U price).

    Have a think about Heathgate/Quaser pushing the fact that the project going to be making a loss for next year or more. I dare say that may have an impact on some interested parties, and possibly deter some away
 
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