ALY

0.00%

0.7¢ alchemy resources limited

Ann: Investor Presentation-ALY.AX, page-58

First 58 Last

Share
Profile

Follow
Shady Merv

11,557 Posts.

154

06/08/16

09:01

Post #: 18458903
Share

Originally posted by Shady Merv ↑

I can't see 1c happening. Even with the heavy burden of BC selling out and only the 2 jv lands as assets the SP did not threaten 1c.

It's a different scene now except that there is a new player or 2 playing the market imo, perhaps using both the positive sentiment and the negative sentiment at different times as clearly expressed here on HC - feeding on it perhaps.

The big push that started in mid-June did not come from NT, nor did it come from someone who has/had accumulated enough shares so as to become a substantial holder. It would be good to see top 20s for ends of May, June and July to compare them. It could also help to get broker data for the trading in mid-June (see above post). It seems pretty clear though that the trading in July and so far this month is dominated by Commsec which might suggest that it is not a private broker, but .....

However, putting aside theories as to who and why etc about the trading and , if the relevant anns are read thoroughly, we all should be able to see excellent underlying value that ALY has to offer asset-wise and also how it is set to advance as an explorer. If there is a negative thing that market players might capitalise on though, then it's the wait for more news from NST and IGO for another 10 weeks or so (unless something special happens in the meantime) and no exploration at karonie until at least October.

The only exploration news that is likely to come during the Sep Q will be from targeted RC/diamond drilling at the Overflow mine at Lachlan NSW, and that's where the punters need to concentrate on. There is plenty to read in the QAR and Preso about that particular area - so get to it!

That said, news from Breaker res (BRB) about exploration about its Lake Roe gold prospect, must be monitored as nearology, at least, could influence ALY's SP in respect of Karonie even with no drilling there this Q. Therefore, the Karonie info should now be read and understood too so as to be ready for ground-breaking news from BRB so as to capitalise on it through ALY.

Expand

Error!

Karonie and Heron JV happened in May while BC was still a big holder.

Sorry.

Makes no real difference though .

Furniture - 100m shares issue would require some Sh involvement. As I posted above somewhere, the max number allowed without shs being involved is about 47m.

ALY Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 34 more messages in this thread...

First 58 Last

Add ALY (ASX) to my watchlist

(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $7.068M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$10.39K	1.484M

Buyers (Bids)

No.	Vol.	Price($)
6	1560826	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	2806724	7

View Market Depth

No.	Vol.	Price($)
1	204000	0.013
6	1534407	0.012
3	1018000	0.011
4	1300000	0.010
1	100000	0.008

Price($)	Vol.	No.
0.014	431766	2
0.015	328000	2
0.016	492086	4
0.017	401126	3
0.019	196092	2

Last trade - 15.10pm 03/12/2024 (20 minute delay)

ALY (ASX) Chart

Ann: Investor Presentation-ALY.AX, page-58

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Investor Presentation-ALY.AX, page-58

Top Stories

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News