Yeah a lot of small cap resource companies have seen their share price settle back somewhat. With AL8 I think it's been a combination of market sentiment and too much expectation on discovery results from early RIO JV drilling.
The facts are that early RIO JV drilling has been positive and they are continuing the JV with more drilling that commenced last quarter.
AL8 are also marching toward their drilling campaign scheduled to kick off later this quarter. They have done and are continuing to do a lot of preliminary work leading up to drilling which has been encouraging and will greatly aid in designing their maiden drill hole targets.
What's next?, page-4
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Last
0.3¢ |
Change
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Mkt cap ! $5.727M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $42.83K | 14.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 347050 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 13541056 | 13 |
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| AL8 (ASX) Chart |