ALY 0.00% 0.7¢ alchemy resources limited

Ann: Bryah Basin Drilling Underway , page-35

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  1. 3,010 Posts.
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    SFR need to get more resource to run through their infrastructure as de grussa has a relatively short lifespan. Sadly I doubt they would have little interest in ALY anymore other than proximity.

    I'd suggest there are more attractive potential partners in the area who have shown more potential.

    ALY really need to find a couple of strong conductors and stick a drill in and hope they hit something promising. Raise some cash and go again.

    Even then it's a hard slog of more and more drilling hoping it gets better and better each time unless they hit the big one - doubtful that's going to happen IMO.

    That seems to be the frustration of some contributors here on HC. New management came in with those types of promises and didn't deliver (but I don't agree they are just sitting back and miking the cash from the company either).
 
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