Ann: Additional Significant Results from Infill Resource Drilling, page-113

Hi Claus72, Alkane business is splitting in two companies.
The current company price needs to be freed from all the long term Rare Earth (REE) projects. These initially have fixed cost and was only a cost centre within Alkane. With its mine and Korean grant, it will release Alkane of all the testing and trials costs for REE project. hence, compare the price of ASM to be in a few cents like we have ARU or GGG etc.

Alkane price should infact now increase as it will not have to bear the burden of the fixed cost of ASM and will have profitable business only of gold and copper.

With regards to the share issue, the shares of Alkane are not going to increase or decrease. Infact, the price could increase based on bookvalue and earnings. Expect Alkane share price to increase after 31st July.
New ASM shares will be issued and have its own valuation based on several factors like, bookvalue and when will it start producing REE.