AGS 0.00% 17.5¢ alliance resources limited

The market is not valuing AGS on the small high grade western...

  1. 1,118 Posts.
    The market is not valuing AGS on the small high grade western zone Fedex.

    We know there is a truckload of U there.

    There is a premium built into the price because of the massive area of the Beverley 4 Mile prospect as a whole which represents absolute BLUE SKY potential, not to mention all the other variables like no new mine license reqd, free-carried etc...

    There have been enough drill holes over the entire tenement to publicly state Australias biggest U discovery for 25 years.

    10-15 million lbs for 25% of JORC B4M West... perhaps.

    Bigger picture = 50million lbs for 25% share... and with a $14 million drilling budget this year, that is going to be realised quicker than anyone can imagine.

    Disc: Holding from 19c
 
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