as I said, just speculation. But even when asking the banks for a loan ALK has to show assets and at Boda they have no asset (very small resource at Kaiser which will be laughable to show on the back all this expenditure since 2019 and the resource was there prior to this activity) as collateral in order to negotiate lower interest rates. There more assets they have they safer the investment from bank point of view as they know if ALK goes belly up, the bank will be able to recover their investment. I think banks will only recognize JORC resource, otherwise ALK could have show them the research papers from couple of houses that cover ALK. So, could be combination of both negotiate better loan terms with the banks and attract more institutional interest. Makes sense to me.
ALK Price at posting:
$1.18 Sentiment: Hold Disclosure: Held
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