ALY 0.00% 0.7¢ alchemy resources limited

Ann: Investor Presentation-ALY.AX, page-10

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  1. 122 Posts.
    I still don't get it. They had very good projects and did not do a capital raise. Instead they farmed out most of it to IGO and got some cash to survive while IGO is committed to doing what ALY could not do. Now instead of using the cash to survive while IGO does the work they are using the cash to farm into new projects. I repeat, I just do not get it. Shady Merv is pretty cluey, perhaps he can make sense of this.
 
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