AL8 20.0% 0.4¢ alderan resources limited

AL8O Strike 1.6c Expiry September 2025 Close Today ; .0035c...

  1. 15,311 Posts.
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    AL8O
    Strike 1.6c
    Expiry September 2025
    Close Today ; .0035c
    Black Scholes value ; 01c

    AL8

    Just acquited a massive 472km2 tenemant in Brazil's Eastern Li belt . To give you and idea of size with thanks to @Beno77 ;

    alk8.jpeg

    Projects in the area are spitting out 1.5 -5% Li and have extensive artisenal mining . This means dudes with spades and buckets are digging stuff up . The AL8 Projects, Curral de Dentro, Minas Novas, Carai, Catuji, Itaipe, Itambacuri and Governador Valadares are located in the resource rich state of Minas Gerais which produces 75% of world niobium, 53% of Brazilian iron ore and is also a large producer of gold, zinc and phosphate. It is home to over 300 operational mines and 40 of Brazil’s largest 100 mines.

    So back to the options.

    Heads are 013 for an MC of $8m +/-

    No...I am not getting into a discussion about that. You use your quant. ill use mine.

    Heads go 10c / $59m and AL8 is a 30 bagger from here give or take.

    A small $59m mc on heads. Say it again.

    Start multiplying that out *should* the company sample / drill and get results remembering that you have two years to run on AL8O.

    I have made alot of money this year trading options almost solely. I am no pro and this is not advice or suggested for the feint of heart....however.....

    I would offer that AL8o from .003 / .004 offers a compelling and very good shot at a 50 bagger MT -LT ( 2 year remember )

    Call me whatever you want but dont call me late for dinner.
 
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Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $4.427M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $5.27K 1.23M

Buyers (Bids)

No. Vol. Price($)
23 8460228 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 2818627 5
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Last trade - 11.23am 14/05/2024 (20 minute delay) ?
AL8 (ASX) Chart
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