ALM 0.00% 0.8¢ alma metals limited

on the move, page-10

  1. 2,050 Posts.
    My experience is that AFR management are nothing if not professional. I've been impressed with the way they've run this ship since listing. No games and the sp well supported.

    Another couple of drilling result announcements by the end of this month then no drilling till after Christmas, perhaps February.

    I would have thought we would easily see 20c on the back of the drilling results, then November should bring a resource update (upgrade), then a presentation/roadshow culminating in another placement. By then of course, they'll be ready to announce their plans for the new year.

    Provided the drilling is positive, which I expect, we should see a significant resource upgrade, and possible re-rating to the 30c level sometime in November. That would still only be a $70m cap, so not too ambitious.

    I think it's great how this flies under the radar of traders, but imo is increasingly being noticed by investors.

    cosmos
 
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