Cheap house on a great street

I think the market is really asleep as to the prime location ALY is surrounded in the East Yilgarn Crato -  Kurnalpi Terrane. @john435 wrote some excellent posts last weekend on STT thread and I wonder whether many noticed.

http://hotcopper.com.au/threads/sho...ge-30-sept-2-oct.2936066/page-3#post-19559321

http://hotcopper.com.au/threads/sho...ge-30-sept-2-oct.2936066/page-3#post-19561325

I think this map sums it up perfectly from the KAI ann 27/09



We also have ALY's recent presentation




There has been some comments about resignations and whether NST will be bringing someone in off their own bat, or what else might be at play. But I will just draw people's attention that BRB has bounced, and will be drilling like crazy, so there's a steady amount of news flow. Not to mention whether KAI hits anything at Roe Hills also. It's like a gold sandwich fellas

I'll leave all the experts like John & Shady, Spec others to talk about the Geology. But consider the obvious is that at just shy of a MC of $6m for ALY, compared with BRB @ $60m (warranted) and KAI at around $18m. There is serious potential for a re-rate. I don't think it's unreasonable to see it double or bag a couple of times here. Particularly if we start to see decent news flow.