AGS 0.00% 17.5¢ alliance resources limited

so where to from here

  1. 173 Posts.
    So, we're all wondering how hard this can go. Well for a start being in the ASX 300 added the exposure.

    Mr Rann kindly gave us the plug and the now its hit the funds radar. To them, $2.50 is a baseline and they're looking for their return over the next 12 months +.

    So whilst a lot of traders here were fretting over 10c 20c 30c movements in the 2 months around Feb the funds won't have that problem.

    The fortunate HCopperites have been on this stock for a while now and thats the benefit of speculation and sites such as this one.

    Just remember for a fundie looking at the next U miner, $2.50 isn't a lot to pay. I know it sounds outrageous now but what makes CBA $50 or Mac Bank $80.

    Quite simply you pay a premium for the companies that can deliver in their respective markets.

    No point debating the MTN v SMM v GIR v AGS v whatever debate anymore.

    They're all in different lifecycles and situations now. You simply cannot compare a lb of AGS's yellowcake against any other except maybe a near term producer and at this stage only CUY falls into that category.

    Lots of mums and dads are now going to have a small super portfolio of AGS ... and not even know it.

    Good luck to all that never stopped believing.
 
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Currently unlisted public company.

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