Alk Chart, page-2067

I know you're asking @sabine, I thought I'd throw in my two cents for what it is worth. ALK is a raging red dot special bargain buy IMHO.

There are a few good reasons behind the current SP malaise, none are due to poor operating performance.

*Both projects are simply currently tracking on the wrong side of the Lassonde curve.
*Roswell development has been hit by cost inflation. This inflation will be partially offset by higher-than-expected operating cashflows.
*OTM hedge book is acting as a drag on ALK's increasing gold price leverage.

The good news is:
*Tomingley Gold Extension Project (TGEP) will soon start ramping up ounces produced, eventually increasing production outputs to almost double current production levels.
*The second development project (Northern Molong Porphyry Project) will show the market its true economic value (IMHO this value will be substantially higher than current 55 million book value), Boda-Kaiser scoping study is due for release within 8 to 12 weeks.


The spreadsheet below shows TGEP operating cash generating potential.
My AISC estimate is extremely conservative at $2,100.
I'm expecting (TGEP) true long term AISC to be closer to $1,750.






All my opinion, not investment advice.
DYOR
GLTAH