Also if the 20% value of ALY's part of the JV is worth more than the market cap of the company we may well become a TO target.
With the tightness of the registry and relatively low amount of shares on issue I can see any potential positive news could have a substantial affect on the SP.
Having spoken with both Lindsay and Leigh, I'm confident we're in safe hands. The scale of the exploration by SFR is massive. The cost alone will far exceed the $3.1M in the JV terms by my estimate IMO. Expenditure will probably be more than ALY's current market cap!
I too am excited to see what gets kicked up here. As for price targets, can't be upset by the prospect of a few bags here
Also if the 20% value of ALY's part of the JV is worth more than...
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.247M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $16.15K | 2.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 656548 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1838412 | 7 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
| ALY (ASX) Chart |