ALK 4.26% 49.0¢ alkane resources limited

Ann: Kaiser Resource Drilling Includes High Grades Near Surface, page-19

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  1. 1,407 Posts.
    lightbulb Created with Sketch. 1041
    I personally like to take the time , to listen to what the Directors/MD write and say .
    On Roswell ...interview with Jonathan Jackson some 3 weeks ago , with Nic Earner following the Release of the 31st Dec Quarterly .
    Worth a listen again ..but to tabulate points made is summary: aand with a rough time line :
    #Refer to daigram of Roswll Drilling p5
    1.32 Now infill drilling
    1.35 10m x 15m drilling which is tight
    1.41 Grade control purposes for ourselves
    1.43 Defining shape of ore body
    1.56 First (Roswell ) Mining area
    1.59 Quite high grade there
    2,02 Updated Resource Model later in January
    2,08 Internally , mine plans later in February
    2.14 More development in Feb/march/April
    2.22 April period , starting stoping there , which is what we are after as there is a lot of higher grade material .

    Whilst there is a slight time slippage , it probably is that the technical mining plans are being brought together in a way ( in conjunctiom with the grade control ) , to be able to present a more comprehensive picture of what the output ( higher grades ) most likely looks like .
    17000m of infill drilling was conducted at Roswell from underground in the Dec Qtr ..on top of 8000 m in the prior qtr , as the underground drive approached the Roswell ore face . That's a very substantial programme --and I expect it will yield very , very good results .

    Todays excellent ( second last ) update Drill results at Kaiser , before these final holes assays are available , and the updated MRE ---AND a more thorough Presentation of whats unfolding at Roswell , should give Edison / Bell Potters / Ords plenty to get their Analyst's heads around .
    The willingness of NE and IC to respond to requests for explanations/ details by phone / in person / email , has been remarkably tolerant and forthcoming .
    When ( not if ) the subject of a JV at Boda / Kaiser arises , I suspect the possible partner/partners will be delighted at what the ALK TECHNICAL DATA Room will present .... and similarly , the Mine Planning that is going into making Tomingley a 100,,000 oz producer pa for a further 10 years or more .
    I think the "shape "of ALK is changing in a much more rapid way than this HC Forum would tend to portray!
    Each to there own opinion and assessment .


 
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