ALY 0.00% 0.7¢ alchemy resources limited

ALY 2018, page-33

  1. 11,557 Posts.
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    Although NST has a decent presence in the company, including having a non-exec Director rep in Liza Carpene, I believe that the driving force behind the Company is the non-exec Chairman Lindsay Dudfield.

    See here for some info about him, and the other Ds too.

    http://www.alchemyresources.com.au/index.php/corporate-list?id=22

    My thinking is that NST is going along for the ride, at least for the time being anyway!. It would be monitoring Breaker's progress though, as would every ALY shareholder.

    As re Bryah v Karonie (includes Claypan) , assuming you mean the gold prospect only at Bryah, then you need to realise that all of ALY's Bryah gold tenements are the subject of a JV with the Canadian Company that acquired NST's Plutonic mine and related tenements. ALY's upcoming Quarterly Report will have details about progress, which has been slow to date. NST has shares in that company btw, part of the sale deal!

    That said, my preference is Karonie, which of course is also 100% owned by ALY.

    Don't forget the base metals side though - via the Bryah tenements jv'd with IGO (check the upcoming QAR of ALY for news on that - slow progress there too) and the NSW tenements where ALY farmed-in with Heron Resources. The Overflow site is the one to keep an eye on there imo.
 
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