They are just ground truthing to start with but I think what got everyone excited was the close proximity to an existing Lithium deposit with a resource worth around $11 billion aud. GL1 are still doing lithium assays and are valued at around $310m mc, so if the lithium is there then ALY have a serious growth opportunity. All this on top of existing known tenements like West Lynn with an inferred Ni-Co-Al resource of around $9 billion aud ($6.4b usd) with potential to build on the existing resource base. Throw in a bunch of other gold and other projects and we have the makings of a serious company destined for the ASX300 if all the ducks line up.
Ann: Trading Halt, page-107
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $7.068M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $7.236K | 1.166M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3760069 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 54504 | 1 |
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| Last trade - 15.53pm 18/11/2024 (20 minute delay) ? |
| ALY (ASX) Chart |