ALK 6.00% 53.0¢ alkane resources limited

Ann: Large Cu-Zn-Pb-Ag Targets Confirmed at the Rockley Project, page-30

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  1. 8,212 Posts.
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    as long as they find more UG resource - this why I guess you also want as many UG rigs drilling.

    if they don't drill more UG resource then they have to go ahead with the open pits as per schedule - my view.

    what they should not do is - to drill only small amounts of extra UG resources as just-in-time strategy and not showing properly the potential for longer LOM which I suspect has been going on at the legacy UG operations for a while now. Which makes is hard to calculate the real value for ALK.
 
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