Sometimes in life... Sometimes in life paying $2 for something...

Sometimes in life...
Sometimes in life paying $2 for something is FAR cheaper than paying $1 for it the day prior.
Not unlike buying a ticket to the Grand Final, the day after your team wins the opportunity to play.
Exploration companies are the same way. Buying a company after they have announced a record drill hit, big JORC or great farm in deal is far less risky than prior to this knowledge/fact. Hence while the price might be higher the downside is lower.
Alliance Resources, right now the rallying cry needs to know that this stock has been derisked, yet is still on sale.
Facts
BALANCE SHEET
Cash $5 million as of last reporting
Debt $0
Liabilities $0 (Not significant, general office)
ASX Stock owned by us $1.4 to $2.0 million of TYX shares
Limited Options on the stock only 3 to 4 million.
PROJECTS
Weednanna Gold Deposit (75% moving to 84% by June 30th 2019)
> 5.1 g/t gold for 181,000 oz gold ( normally a 2 gram per tonne project can be valued at around $90 per oz. Let's say we put $125 per oz, then we can put a price tag of around $19,000,000)
> Way more upside to this gold project. All 13 gold shoots are open in at least one direction and at depth.
> Other areas like Weednanna West a couple of KM to the east have some gold hits which have not been followed up yet.
Yeltana (75% moving to 84% by June 30th 2019)
> This was only announced today. E.g. the investors/ people who love Graphite are yet to even hear about this discovery.
> As the article on the *********.com.au website said, "According to Alliance, the size of the exploration target is Nationally Significant, as the estimated tonnage and grade indicate it could well be one of the largest of its kind in Australia by mineral content.
Catalyst
Weednanna Gold Deposit (75% moving to 84% by June 30th 2019)
> Most gold bugs can't spell South Australia, they can't see past the border of Western Australia. But if this project was in W.A., it would be hot news. This is just timing. Each day new people will be brought into the story. The gold bugs will catch on. The hard work on the JORC has been done.
> We have drilling results due back any day now. 48m @ 2.0 grams is not included in the JORC. Or what about the hole, 170m @ 0.40 grams that has not been followed up on, and is not part of the JORC? Each good round of drilling adds to the story.
> This Weednanna could be a base for a gold camp. We have many potential follow up hits from the iron ore days. Let's hope we have another Weednanna or two in trucking distance.
> The scoping study is due out by the end of this year. At 5.1 grams, the margins should be high on each oz of gold. This should get the analytical engineering types excited.
Yeltana (75% moving to 84% by June 30th 2019)
> Not sure what to say about this one as far as Catalysts are concerned? But what has been announced already is significant. Hopefully, the Graphite guys/investors come to the party.
The X Factor
> Did I mention that we have 27Mt of Magnetite. Remember the last company spent $55 million on this. That is still sitting in the best bank in the world (the ground). A jump in iron ore prices could make this significant again. And with the Whyalla steelworks going to increase output by 400%, this could this in play (as that is who the previous company had signed a contract to sell it to. )
> Today 04/10/2018, we have traded 1.02 million or nearly 1% of the total company. This cant last. A lot of stale shareholders took the small price jump to move out of the stock. But the 1 million shares that were purchased by new people (or existing smart shareholders) that will not be sold for a 5, 10 or 15 percent gain. Just the cash $5 million, the TYX share $1.5 million, the Weednanna project $19 million (and growing very soon in Oz size) and now the unknown of what did they call it again?, or yes "one of the largest of its kind in Australia by mineral content". Lets put down a conservative additional $5 million, equals $30 million. Right now we are trading at $11 million market cap?!
This is not a 10% gain, 20%, 30%, this multi-bagger. Not to mention when we get rolling on increasing the high-grade gold.We are swapping dollars for JORC oz of gold. And if you followed the Explurium company that did the same and went from a 3 million market cap to a 59 million market cap at present. Our story is not unlike them.

The punch line, your team made the Grand Final, they are winning at half time, and the tickets (or in this case Alliance Stock) is still undervalued.
Why: Because for some reason the people selling are not seeing what everyone else is. Why anyone and I mean anyone sold today was beyond me? Any comments?