What a load of trollop.
(a) RNI's feasibility study (next door, 50km to the west) is costed at under A$1000 per ounce. It includes costings based on the MZM lands that RNI has purchased, almost next door to ALY.
(b) US$1300 = A$1400 today ... and likely more next year (consensus view on AUD).
(c) The deal with IGO is everything BUT gold. ALY see themselves as a gold explorer. If you don't get that, you should put your money somewhere else.
(d) There are several other players around who could take concentrated leachings from a site on ALY ground, and process the concentrate at their mines ... such as
the Plutonic Mine … recently purchased by Northern Star Resources (NST) from Barrick, ... and the forthcoming re-started RNI plant at Grosvenor (should be up and running in 2015).
Ann: New Gold Geochemical Anomalies Identified at Seaborg, page-11
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¢ | 0.6¢ | $67.24K | 11.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 6775912 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1356659 | 3 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| ALY (ASX) Chart |
