AGS - Alliance Resources

[wllmtrish]

Between the 5th Dec 07 and 17th Dec 07 the Top 20 increases were as follows:-
National Nominees bought another 205,959 shares
HSBC Nominees bought another 110,972 shares
ANZ Nominees bought another 490,159 shares
J P Morgan Nominees bought another 405,120 shares
Merrill Lynch bought another 33,000 shares
The Top 20 total holding has increased month on month and between the 5th/17th Dec increased from 60.36 to 60.53%.
It will be interesting to see the next Top 20 update to hopefully once again confirm that the sp is being manipulated by the bot trades to allow further accumulation by the big players.
Good luck all AGS'ers and as one of the directors stated at the AGM "the story is only just unfolding"

 

[Go Nuke]

Yeah well I bought in at around $2+ about 1 year ago, so that bot trading is screwing me over then isn't it.

I guess insto's, like myself are betting on Uranium being the next big thing in the future.

AGS wont be as big as ERA (25% free carried on this project) but I guess the potential is still there to do quite well.

 

[Go Nuke]

Interesting little story from the Australian today about Mr Rann.

http://www.theaustralian.news.com.au/story/0,25197,23029786-5005200,00.html

 

[spooly74]

Four Mile Uranium Project - Concept Study

Love the timing of this ann ... ... I think

 

[grace]

Between the 5th Dec 07 and 17th Dec 07 the Top 20 increases were as follows:-
National Nominees bought another 205,959 shares
HSBC Nominees bought another 110,972 shares
ANZ Nominees bought another 490,159 shares
J P Morgan Nominees bought another 405,120 shares
Merrill Lynch bought another 33,000 shares
The Top 20 total holding has increased month on month and between the 5th/17th Dec increased from 60.36 to 60.53%.
It will be interesting to see the next Top 20 update to hopefully once again confirm that the sp is being manipulated by the bot trades to allow further accumulation by the big players.
Good luck all AGS'ers and as one of the directors stated at the AGM "the story is only just unfolding"

It is good when a company supplies this info on their webside. Wish all companies did! What is "bot trades"? Sorry for being naive.

 

[wllmtrish]

National Nom 9,104,527 increased holding by 875,989 shares
Citicorp Nom 6,402,346 increased holding by 246,495 shares
ANZ Nominees 5,807,728 increased holding by 53,804 shares
J P Morgan Nom 4,995,980 increased holding by 343,165 share
HSBC-GSI ECSA 6,661,945 decreased holding by 172,039 shares
HSBC Nominees 6,268,861 decreased holding by 19,889 shares
Merrill Lynch 1,109,578 decreased holding by 23,389 shares

Plenty of 'bot trading'/ accumulation still happening, which to me is a good sign for a prosperous future for those who are patient.

The Top 20 Total share holding has progressively increased as follows :-
13th Nov 06 53.51% 130,872,474 shares held by Top 20
17th Aug 07 56.33% 140,544,846 ditto
17th Sep 07 56.50% 140,976,932 ditto
12th Oct 07 56.74% 141,658,841 ditto
16th Nov 07 59.67% 162,746,230 ditto
17th Dec 07 60.53% 165,073,192 ditto
17th Jan 07 60.91% 166,117,124 ditto

To my way of thinking this means that the smart money has been accumulating shares month on month.
Hang in there AGSers,for me i am patient,it is just a matter of time.
As a director said at the AGM "the story is only just unfolding"
As always dyor, I hold AGS CUL CQT EMR

 

[grace]

Took a position in this today at $1.15 to get in before the new updated JORC (due this month). Personally think the new resource will be good from the nice high grades reported. Good luck to everyone holding.

 

[spooly74]

Grace, the initial JORC for Four Mile East is not due till April this year.

What expected this month is an Exploration target range for the whole of Four mile East and its needs to impress.

Below is a grade map, although it doesn`t include the latest round of results.
Gives you an idea of what to expect in terms of tonnage, grade will be a little lower compared to FMW though.

 

[wllmtrish]

At present I have a long term view eg. Sept 2010 at which time I will review my holding. I would imagine the markets would have well and truely sorted themselves out AND AGS will be a producer of Gold and Uranium AND be re-rated accordingly.
The amount of shares to be traded on a daily basis is becoming less and less. There is 106,609,161 shares not held by the Top 20 shareholders AND there is a good chance long term holders outside of the Top 20 account for a decent percentage of those.
Of note is that HSBC Custody a/c 2 dropped out of the Top 20 and Rocky Rises re-entered the Top 20 with the same amount of shares (1M); so he disposed of none after he was last displaced from the Top 20.
Rocky Rises Pty Ltd is owned by Tony Lethlean (AGS non exec director/geologist).
Also of note, all other AGS board members have tightly held their shares including Ian Gandel who has not sold one of his 86.875150 Million shares.
Good luck all holders "the story is only just unfolding"
and lets hope AGS/Heathgate-Quasar Resources discover more Uranium Roll Fronts within their Arkaroola Joint Venture, now wouldn't that be something.

Here is the change in holdings in the Top 20 17th Jan 08 :-
National Nom 9,104,527 increased holding by 875,989 shares
Citicorp Nom 6,402,346 increased holding by 246,495 shares
ANZ Nominees 5,807,728 increased holding by 53,804 shares
J P Morgan Nom 4,995,980 increased holding by 343,165 share
HSBC-GSI ECSA 6,661,945 decreased holding by 172,039 shares
HSBC Nominees 6,268,861 decreased holding by 19,889 shares
Merrill Lynch 1,109,578 decreased holding by 23,389 shares

Plenty of 'bot trading'/ accumulation still happening, which to me is a good sign for a prosperous future for those who are patient.

I had to correct a date so re-posting Top 20 Total share holding.

The Top 20 Total share holding has progressively increased as follows :-
13th Nov 06 53.51% 130,872,474 shares held by Top 20
17th Aug 07 56.33% 140,544,846 ditto
17th Sep 07 56.50% 140,976,932 ditto
12th Oct 07 56.74% 141,658,841 ditto
16th Nov 07 59.67% 162,746,230 ditto
17th Dec 07 60.53% 165,073,192 ditto
17th Jan 08 60.91% 166,117,124 ditto

To my way of thinking this means that the smart money has been accumulating shares month on month.
Hang in there AGSers,for me i am patient,it is just a matter of time.
As a director said at the AGM "the story is only just unfolding"
As always dyor, I hold AGS CUL CQT EMR

 

[grace]

Thanks spooly and wllmtrish. I am happy to hold. Of all the aust uranium companies, I like this one the best. Because of the high grade, it will be viable when others are not, if the price of uranium were to soften. It is reassuring to know the top 20 are still buying. I guess this becomes more and more illiquid, which works well when things are going up!

 

[wllmtrish]

Yes I agree grace, as they become more illiquid this will help the price turn around as the bot trade will have to walk the price up to encourage sellers into the market. With HSBC a/c 2 dropping out of the Top 20, they may well have a decent holding still but have dropped to less than the No.20 shareholder. The bot trading (client computers selling between each other, seen as small lots)endeavouring to obtain the best price possible. It seems to me like market manipulation but apparently is legal as far as the asx is concerned (that's my take on it anyhows).
dyor I hold AGS and good luck all holders no matter what your trading technique.

 

[Go Nuke]

I continue to hold AGS becasue i still believe in Uranium as a future source of fuel...but geez it hard to hold when you have paid over $2 for your shares!

Got a long way to go before I see any results...even though i think Ive been holding for nearly 12months now.

 

[Go Nuke]

A little snipet out the Australian today..

Uranium glows again, after the fallout Robin Bromby | January 14, 2008
IT'S time for serious investors to get back into the uranium sector. Clients of Warwick Grigor's Far East Capital will today receive a 30-page report that flashes this big news and provides a form guide to a very big field.

Grigor says the bubble burst after the uranium price reached a "crazy" $US135 a pound but has now stabilised around $US90/lb. Demand will be underpinned by a British Government announcement last week that new nuclear power stations are on its agenda.

Uranium sank into a bear market last year, but they are still energy stocks and it is time for investors to price them with that in mind, Grigor argues.

Of the contenders, Grigor sees Alliance Resources as one of the lowest risks in uranium. Its deposit is in South Australia (no political risk) and the grade is "wonderfully high, guaranteeing huge profit margins".

Then there's Contact Uranium with its Corachapi project in Peru. The report says the numbers on a heap leach operation there look "stunning" and suggest the shares are cheap. Curnamona Energy is given the nod as a genuine uranium explorer.

Grigor is a little worried about Labor in Canberra. "It is hard to see the federal Labor Party making development of mines any easier, especially with Peter Garrett involved," he says.

Meanwhile, two items worth noting are Uranium Exploration Australia, which has reported surface uranium near the high-grade Bigrlyi find in the NT, and Nimrodel Resources, which says it has received permission from the Kyrgyz Government to investigate 23 tailings deposits left over from Soviet uranium mining between 1946 and 1968.

 

[wllmtrish]

24 jan 08 top 20 total holding decreases by 0.09%
17jan08 top 20 total holding 166,117,124 shares 60.91%
24jan08 top 20 total holding 165,858,872 shares 60.82%
of note
ANZ Nominees increased their holding from 2.13% to 2,45%
National Nominees reduced their holding from 3.34% to 3.3%
HSBC GSI ECSA reduced their holding from 2.44% to 2.38%
Citicorp reduced their holding from 2.35% to 2.31%
HSBC Nominees reduced their holding from 2.3% to 2.29%
J P Morgan reduced their holding from 1.83% to 1.58%
D A Brunt reduced their holding from 0.66% to 0.64%
UBS Wealth reduced their holding from 0.62% to 0.61%
I would like to think this is just due to the state of the world markets as a whole.
I still hold the faith in this companies future and hold onto my shares (hopefully the faith is not ill founded).
Good luck all AGS'ers
dyor My portfolio has gone down abt $200,000 over the last few months AGS CUL CQT EMR

 

[grace]

24 jan 08 top 20 total holding decreases by 0.09%
17jan08 top 20 total holding 166,117,124 shares 60.91%
24jan08 top 20 total holding 165,858,872 shares 60.82%
of note
ANZ Nominees increased their holding from 2.13% to 2,45%
National Nominees reduced their holding from 3.34% to 3.3%
HSBC GSI ECSA reduced their holding from 2.44% to 2.38%
Citicorp reduced their holding from 2.35% to 2.31%
HSBC Nominees reduced their holding from 2.3% to 2.29%
J P Morgan reduced their holding from 1.83% to 1.58%
D A Brunt reduced their holding from 0.66% to 0.64%
UBS Wealth reduced their holding from 0.62% to 0.61%
I would like to think this is just due to the state of the world markets as a whole.
I still hold the faith in this companies future and hold onto my shares (hopefully the faith is not ill founded).
Good luck all AGS'ers
dyor My portfolio has gone down abt $200,000 over the last few months AGS CUL CQT EMR

I would have thought that when the shares get cheaper, time to top up rather than sell off? (not that the moves are large) Was there any dillution in relation to employee shares?

 

[wllmtrish]

Hi grace; There was no dilution and it will be interesting to see the next Top 20 update in maybe a week or 2. Cheers, GL all AGS'ers I am still confident in the companies future; patience is the key. Once the world markets settle down we should see AGS in a new light.
Only wish i was cashed up, there are lots of bargains out there at the moment.
dyor I hold AGS CUL CQT EMR

 

[laurie]

The only salvation for AGS right now is a takeover I have been on since .14c so I'm in no hurry but I think it's value will be between $1.20-$1.5 purely based on the 25% stake or better still separate the Uranium from the Gold sell the 25% and become a 100% gold producer with Maldon JMHO

cheers laurie

 

[wllmtrish]

Heathgate's application to PIRSA for approval of an Extension of the Beverley Mine is moving closer to a decision.
The deadline for replies from any parties wrt the application is 15th Feb 08.With applications being fast tracked it should not take long for PIRSA to hand down their decision.
Good luck all holders, Quasar continue to firm up the size of this resource with continued drilling (no expense to AGS).

 

[wllmtrish]

Between the 5th Feb and 19 Feb 08 there has been a nett accumulation of shares by the Top 20 holders taking their Total Holding from 60.2% (164,187,514 shares) to 60.3% (164,455,027 shares) on issue.
This is an indication of bot trading nett accumulation of 267,513 shares in the past 2 weeks.
imho, Considering there has been a decent correction on the world markets it is an endorsement from the majority of the Top 20 Shareholders in the future of AGS.
Of particular note is the confidence shown by our biggest shareholder who over the last couple of years has not sold one of his 86,875,150 shares.
Our No.2 shareholder National nominees has picked up another 81,824 shares.
Our No.11 shareholder J P Morgan has picked up another 617,051 shares.
Of note is that our No.8 shareholder Citicorp off loaded 437,184 shares.
dyor I hold AGS CQT CUL EMR GBG

 

[skunkmonkey]

AGS still dropping like a stone. Now 69 cents. This is now far worse than the August 2007 correction. Is it just me or does it look like a level of support at 38 cents?