ALK 0.93% 54.0¢ alkane resources limited

Ann: Tomingley Debt Restructured, page-33

  1. 7,768 Posts.
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    just watched and he goes back to the old style like talking to HC crowd who can't tell the difference between a resource and reserve and are clueless how resource progresses to reserve and why.

    not sure who the audience was but if these guys are fund managers, then they must have been pissing themselves laughing. no mentioning of divis, no growth plan and nothing of substance really.

    As they haven't released any new exploration results from anywhere from around Tomie there was no story to tell if there is potential to grow the resource.

    One thing that gets my attention is they may have something positive to release from NMPP exploration results. And if that happens then we have that missing piece for NMPP - especially if the grades are above 0.65g/t AuEq.

    Boda2/3 has that potential but I hope to be Boda2/3 and one more area... preferably shallow scarn (open pit) at Murga with around 1.5g/t AuEq.

    But nice holiday to London... hope he has fun.
 
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