AL8 0.00% 0.4¢ alderan resources limited

Ann: Trading Halt, page-7

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  1. 6,333 Posts.
    lightbulb Created with Sketch. 1297
    Agree. As soon as I saw incoming volume and increment in share price this morning I topped up. Took a look again at past announcements, as far as I can make out they are not yet drilling on their own lease ( but getting close, likely starting in Sept-Oct) so it means the TH must relate to the Rio jv drilling. We are awaiting assays on the first hole, not sure about the 2nd hole as they had a lot of trouble with the drilling and lost a lot of core due drill stem jamming. The 3rd hole at the Reciprocity Fault was commenced by the time of the last Qtrly so my guess is they are well into it by now or may have completed. So I think its either assays on the 1st Hole or this plus visuals on the 3rd Hole
 
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