ALK 2.33% 44.0¢ alkane resources limited

Ann: Large Cu-Zn-Pb-Ag Targets Confirmed at the Rockley Project, page-50

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  1. 8,118 Posts.
    lightbulb Created with Sketch. 1562
    he did not reveal anything new but it is good session.
    I heard about the Unit being backed 40% by gold. I also heard rest of the 60% will be few other commodities but I am not sure what/which ones. My guess is:
    1. wheat
    2. beef/cattle
    3. timber - yes, I know this may not sound right but I think it is one of those resources that can be renewed.
    4. maybe PGMs but I doubt.

    not sure what else as these commodities need to be renewable or, in gold's case, can be stored for many years as it represents money.
 
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