ALY 0.00% 0.7¢ alchemy resources limited

Ann: Independence Commences RC - Diamond Drilling at Bryah Basin, page-135

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  1. 11,557 Posts.
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    From the IGO Presentation at D and D
    "Exploration Results
    The information in this report that relates to Exploration Results is a compilation of previously published data for which Competent Persons consents were obtained. Their consents remain in place for subsequent releases by the Company of the same information in the same form and context, untilthe consent is withdrawn or replaced by a subsequent report and accompanying consent. The information in this report has been extracted from the IGO ASX Quarterly Activities Report dated 29 July 2015 and is available on the IGO website www.igo.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material
    assumptions and technical parameters underpinning the estimates in the market announcement continue to apply and have not materially changed...."

    There is nothing in the Preso anyway about Neptune, but it is clear that the Preso is a rehash of previously released reports, but selectively so.

    The point is. Is the non-release of drilling info a sign that there has been no price-sensitive (for ALY especially) drilling results? The drop back in the SP of ALY suggests that is how some holders read the situation and are therefore selling. I'm not so sure though!
 
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