ALY 0.00% 0.7¢ alchemy resources limited

Ann: Quarterly Activities Report-ALY.AX, page-4

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  1. 11,557 Posts.
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    $150k has been budgeted for exploration for the Sep Q. That's a nice change!

    IGO is dragging the chain though. I didn't expect much I must admit as the last QAR did not promise much, but it seems to have changed tack and also put on the drilling brakes. It was the exploration at Neptune that attracted me to ALY. I still like it but it's going to take much longer than I had originally hoped for. For what's planned for the Sep Q my guess is that there will be no more news about IGO for another 3 months. The same applies to NST.

    So, it's off to the races at Karonie and Overflow we go, but only after approvals have been obtained.
 
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