ALK 1.01% 50.0¢ alkane resources limited

Ann: Alkane launches $16M capital raising to progress DZP-ALK.AX, page-65

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    They have the pilot plant at ANSTO they just need more runs I would think this is for the Hafnium
    just re read Equity Raising: Investor Presentation 26 April 2016
    http://www.asx.com.au/asxpdf/20160426/pdf/436qq691z4840m.pdf
    And now this:-
    http://finance.yahoo.com/news/hafnium-small-supply-big-applications-132300110.html
    Now this one
    http://www.alkane.com.au/images/pdf/presentations/20160417.pdf
    Now I would be interested in how to value this company, can someone calculate using Mr. W Buffet’s formulae?
    http://www.moneychimp.com/articles/valuation/buffett_calc.htm
    Not long to go I will find the money somehow
 
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