ALY 33.3% 0.8¢ alchemy resources limited

where to tomrow, page-4

  1. 322 Posts.
    A bit of research into this thing, shows that there are comparatively little shares on issue..

    Shares: 45,489,500
    Options: 21,536,250
    Total: 67,025,750

    Definitely contributing to the rise... suspect it's fairly tightly held by directors etc, so will be interesting to see this thing respond if they uncover some more strikes from their next drilling program.

    As outlined in their response to ASX this week, Geologists are due back in Perth at the end of this week following a fieldwork to help assessment of the advanced drilling planned for Oct, but also investigating whether the Naracoota Volcanics discovered by Sandfire come across into the Alchemy tenements.

    One would expect some form of commentary on the field report in the next couple of weeks?
 
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