AGS 0.00% 17.5¢ alliance resources limited

friday will be a huge day, page-32

  1. 173 Posts.
    re: australias best uranium discovery in recent ye Warrina, the M1/M2 and the Big NE prospects are wholly owned by Alliance. These are the ones i'm referring to. 2 of these show IOCG prospects, which are both uncommon and very profitable if commercial.

    On the U topic, the 2 JORC's coming out are only for the highest grade's of the B4M drilled so far. They'll eventually get around to JORCing the lot, all 100,000 + T of it. I also suspect when that happens a lot of the remainder will be classified as inferred resources under the JORC. However, the current 2 zones alone will more than adequately allow Heathgate to up its export tonnage from 1k to 5k pa for years to come.
    This stock isn't bank though. AGS doesn't issue plastic cards.
 
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