Ann: Trading Halt, page-107

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.