ALK 0.00% 47.0¢ alkane resources limited

why havent the Japanese funded ALK, page-28

  1. 1,479 Posts.
    His last purchase preceding the SPP was about $1 I think.
    Looking at this stock over the years you gotta hand it to these guys for not diluting the bugger out of this then consolidating it. They have delivered a gold project with internal funding and now the things paid off its time to bank some of that cash !

    BTW we have a lot of land to explore and other projects may be discovered or sold off for $$$ .

    Seems crazy that we have a MC of about $90m with about $30m in cash and receivables (imo and probably more) so the gold plant is 60m that has free cashflow of $30m+
    Spin off spin off spin off spin off the REO project in 6 months imo. Do a 15:1 inspecie then raise seed/IPO capital @.60c for 250m shares
 
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