ALK 8.08% 53.5¢ alkane resources limited

Ann: Quarterly Activities Report - March 2016-ALK.AX, page-2

  1. 841 Posts.
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    As suspected, solid quarterly. No disasters, nothing spectacular. Waste stripping did continue and should start dropping off now Wyoming One is in production. The waiting game continues.

    A few concerns on lack of progress on offtakes and also we can no longer say ALK is debt free. Is there anything to read into the fact the $4m loan was taken out under AZL for the land purchases? Instead of using ALK cash? Commercially it does make sense to keep the business units separate.
 
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