ALY 0.00% 0.7¢ alchemy resources limited

Ann: RC Drilling Completed on Karonie Lithium Targets, page-105

  1. 1,036 Posts.
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    Is this not rock that might be spodumene?

    The bottom row looks better than the top row but there is around 15 metres of white rock here.

    Struggling to see why everyone is so pessimistic about this. The widths here are just as good if not better than Manna. Personally, I think the eight meters in the bottom row looks a worthwhile punt.

    And it's still early days.

    While still a punt I think this stock offers much more upside than downside - don't forget the interest in exploration license E28/3207 which is along strike of Manna to the north. Was there visible outcropping in that 24km2 that had ALY competing with multiple parties? Not to mention a significant gold interests with Superior and other significant tenements in the area.

    In my humble opinion only - do your own research.


    https://hotcopper.com.au/data/attachments/4844/4844246-053388470e2cc99da92f10d53dc4fb0c.jpg

 
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