ALM 5 year weekly chart is now starting to break out to the upside. the current low price entry point indicates very significant upside. This is driven by bullish data from current drilling and bullish copper price at US$4.20 / A$5.88 per pound. ALM is proving up a large bulk mineable / open pit copper mining opportunity. To get a sense of potential OPEX and EBITDA review CVV recent presentation which is about 24 months ahead of ALM in development. IMHO ALM has very significant upside potential for development of a large copper resource. Good luck to all longs.
chart TA, page-4
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.98M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $15.06K | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1314079 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ALM (ASX) Chart |