latch, to a certain extent it may appear that the SP of ALK and LYC are linked but in reality they are two very different companies. As macro conditions begin to improve this should have a positive impact on ALK. It appears that LYC woes relate to internal issues. The thing that ALK shareholders need to remember is that we have been successfully processing DZP products at the DPP since 2008. Keeping in mind that process development work actually began in 1999 with the basic flow sheet trialed at a mini-pilot plant stage since 2001. And even then that work was based on earlier work done over 5 years in the 80's.
Problems do occur, yes.. but with regard to DZP processes and market development there is no better emerging REE (Strategic mineral) producer than Alkane Resources.
ALK Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
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