ANN:HRR: Heron enters into Farm-in with Alchemy Resources, page-6

IGO's involvement attracted me. I have been interested in the Bryah basin for at least 5 years and study as much as I can. This is a very promising vhms area.

A major issue with being a junior in a JV or its land has been farmed-out is the starving of info from the senior partner. ALY has been a victim of that for more than 18 months now. That has helped destroy value imo as there has been nothing else going on to excite the market PLUS not many people appreciate what IGO is doing so ALY is not attractive from that pov to many people.

These 2 new ventures raise the profile and may be very fruitful too of course.

If IGO and ALY jv then ALY's sp should be much higher by then so raising money for the jv should not be a problem. Remember too that NST holds about 15% of ALY's share capital. NST might have designs on using ALY to expand its business beyond just gold.