ALY 0.00% 0.7¢ alchemy resources limited

Ann: Bryah Basin Drilling Underway , page-3

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  1. 50 Posts.
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    I wouldn't get too excited about an aircore campaign considering most of the previous drilling targets were at depth. Hardly likely to discover the company maker.

    All this will do is possibly give more "interesting" information that will require more drilling which will require more money, which the company doesn't have. Expect CR at heavily discounted price in this market.

    The drilling program seems to be driven by Sandfire so maybe we could save a truckload by outsourcing our exploration division to them. Previous drilling targets by our "world class" team based on expensive geophysics seem to have been abandoned.
 
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