ALK alkane resources limited

Alkane at the front of the line., page-33

  1. 334 Posts.
    lightbulb Created with Sketch. 116
    Hi,

    Not really much to offer apart from the fact that I flew over DZP en route to/from Canberra twice in the last week. Eerything is very green so maybe the cows are earning money. After IC's last briefing I can now clearly pick the location based on the rocky outcrop in the middle. Definitely no road work on the surrounding roads or no civil at all @latch.

    For what it's worth if they can drill around Tomingley and prove up more economic underground gold that is the short-term path. At current market cap and cash at bank and earning rate we get to $0.40 per share in the bank by my numbers if TGP just run to closing. Not that shabby w no liability.

    The real game is what comes out of China re REE overlord control, and after this week with Donald Drumph being there who the hell knows
 
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