I'm not going to speculate on price movement other than an upward trajectory.
I would point out that people seem to be unsure of the pending announcement. Is it PFS? Is it Metallurgical results?
If you read the announcement carefully you'll see that it is both!
"Alt Resources Limited (ASX: ARS) requests a voluntary suspension of trading in its securities from ASX, effective immediately, pending the release of an announcement in relation to the metallurgical results for the Mt Ida and Bottle Creek Gold Project Pre-feasibility Study"
ARS Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held