ALK 3.09% 47.0¢ alkane resources limited

Ann: Presentation to Australian Gold Conference, page-56

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  1. 8,284 Posts.
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    not in the past few weeks but we did talk about it in the past and they know where I stand.

    I am sure this same point has been stressed upon them by institutions as well. I know how corporate world works and what such investors would expect to see before committing to invest.

    If you read other goldies reports you will notice they always emphasize on how they add ounces to their existing operations in order to demonstrate longevity of those operations. They also show they are active in greenfield/regional exploration in search for new discoveries.

    It's neither too hard nor too expensive to hire third Diamond Rig to drill few holes - just for that short period. I imagine the area around 094 will now require additional focus but that should not come at the expanse of testing few regional targets.

    just to be clear I don't know what ALK plans to do and I am only explaining how I, as shareholder, will feel if they again skip drilling any regional targets despite the signals and messages ALK was sending few months ago when IG was selling.

 
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