ALY
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7.14% 0.7¢ alchemy resources limited

Ann: Drilling Completed at Karonie Project, page-52

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  1. vontrader
    23,919 Posts.
    lightbulb Created with Sketch. 752
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    11/04/18
    08:40
    Post #: 32364991
    I don't think people quite appreciate the potential earner that Hermes could be ...

    Superior Gold are already considering a 2nd open pit mine there, given the recent high grade results and current resource. All they have to do is extend the current haul road

    ALY have a 20% free carry to production here

    hermes1.png

    hermes2.png


    Karonie and Cobar basin + Lachlan are the end game, but this could be a nice earner on the side
    ALY Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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