Ann: Tomingley Debt Restructured, page-26

I don't normally bother with HC on a w/e, but given you've decided to give us a laugh with your 'textbook knowledge', I thought I'd respond in kind. I'm well aware, having been advised by another poster that you like to have the last word, I'll no doubt read your response on Monday. Will look forward to it (and you can read that as being heavily laced in sarcasm).

"Converting 1Moz resource into 1Moz reserve will not change LOM at all." Really? Is that classic textbook or actual business case knowledge? Reckon LOM is totally based on reserves - can't do a business case without them - can't have a LOM (cause you don't have one) without a reserve! Agreed that you need a resource prior to that, but ALK have 3x the amount of resources to reserves currently. Ample to base real business decisions upon and time to increase current resources - as they have been doing quite nicely with Boda/Kaiser.

Not sure how I can explain this (I thought I already did in a way that 9 year old will get it) but to advice you to do some reading on the subject. Perhaps you should take your own advice and refresh your knowledge, then you can advise me what you found out. Otherwise stick to your pictorials and worry about something else, like the strategically placed staple, rather than concerning yourself about mgmt decisions made at ALK, that you don't like based on your limited knowledge and experience! Reckon I'd take both NE and IC capabilities well before an anon poster on HC, that only has 20% of the facts. Fact.

Clearly you have never been given a budget or negotiated one or forecasted one to know what it means to blow it by about 100%.In any other company you will get fired. In ALK you get performance rights. Yeah clearly...(another heavy dose of sarcasm).

And you clearly have never worked (for long anyway) as part of a team, given your penchant to chuck the baby out with the bath water, if someone should (heaven forbid) have an alternative opinion to yours. Talk about spitting the dummy because someone at ALK didn't think your textbook manoeuvres suited the situation.

Did you ever think that because you don't have all the information available to ALK mgmt, that maybe, just maybe, you're wr...wrr....wrrro...wrroo....wrong??

Have nice w/e everybody!