Ann: Change in substantial holding, page-72

All this talk of buy backs and IG getting stock at cheaper prices is totally nuts imo.

Why would a small company that needs its cash for expensive boda diamond holes and contingencies at its tommingly operations give money back to punters via a buy back ?

The Alkane fan club is certainly full of entertaining ideas.

How about a go fund me page for IG as well ?

I see the stock traded at 52.5 c today. The downtrend unfortunately continues because the selling pressure exceeds the buying pressure.

I think the worst asx gold producers this year in terms of sp performance are ALK, PNR, CAI.

Yes others have gone totally bust like firefinch in beautiful Mali.

And CAI in which ALK holds 10 % is also a sad sad story. Down from 106 to 27 in 6 months.

Alkane may also have to assist CAI with $$$$ at some stage to protect their investment.

So if you were running Alkane do you think a buyback makes sense atm ?