From what I gather from the announcement on the 18th:
'Alchemy will provide further information about the intended exploration program to the market next week, once all information obtained during the recent field visit has been analysed.'
The real drilling will be from now until December as below, so i guess we will see results coming through every few weeks;
Alchemy Managing Director, Michael Hannington said, “Our geologists have only just returned and we are still analysing all the data collected by them during their field visit. However, we are extremely encouraged by indications to date and will use these results to plan our accelerated drilling programs, which are expected to continue to the middle of December 2009.”
Since Sandfire started getting results out a year ago they have released 20 market sensitive announcements i think we can expect the same from Alchemy.
Nothing better than so few shares on the market as well
ALY Price at posting:
64.4¢ Sentiment: Buy Disclosure: Held
