ALK 4.76% 50.0¢ alkane resources limited

Ann: Boda-Kaiser Scoping Study, page-79

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  1. 8,272 Posts.
    lightbulb Created with Sketch. 1589
    also as part of the risk mitigation (if ALK have these discussions at all), ALK should have reduced their stake about 2 years ago so the 60m shares would have been 50m shares. In the last 12 months ALK could have sold most if not all. Yes, CAI's SP would have been in the gutter but who gives a shite. ALK's BoDs and the MD should put ALK's interests first not last.
    Even if average price was 5c, ALK would still have recovered lot more than what they now will. And now they say they can't afford another $1m - $2m extra on exploration for the next 12 months?


 
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