AGS alliance resources limited
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Cash Backing

  1. mbomb
    939 Posts.
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    10/04/17
    11:22
    Post #: 23971290
    Interesting one AGS

    Good drill reults and trading at Cash Backing of 10m

    Given it has hit 49m at 6.15g/t, 14m at 36 g/t you'd think it has some room to move.

    0 EV atm you would think 10-20m EV wouldnt be outlandish, which would be a 20-30c SP. Cashed up so no dilution in the near future.
    AGS Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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