ALK 2.78% 55.5¢ alkane resources limited

Ann: Boda Drilling Further Extends Mineralisation, page-44

  1. 11,692 Posts.
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    Hey Anti, short questions (could be long answers sorry).
    How much do you think to date, ALK has invested in drilling out Boda and its relatives?
    Not imply to others that ALK will ever recieve a single $ in return for the investment (though I certainly hope so).
    ALK seem to have the right Geo team to keep making discoveries. Have they still be expanding their exploration portfolio away from Boda etc?
    Just trying to really get a clearer picture of ALK longer term pipeline, as... I continue to rotate funds into ALK for a 5-10 year investment.

    Also, regarding Tomingley, do you have any thoughts on what really tipped the board into even thinking of expanding to the 1-1.5mtpa it will eventually reach. Yes, I can understand the economic reasons, but.. they could have as easily not expanded and still had profitable production with a 10+ year mine life, instead of a shorter, but higher production one.

    Cheers.
 
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