ALK 1.16% 43.5¢ alkane resources limited

The real problem wrt the SP is that we are going to spend our...

  1. 1,239 Posts.
    The real problem wrt the SP is that we are going to spend our remaining cash on the DZP (for detailed design of the plant) before we get to the final go-ahead. Our CEO was even talking about possibly getting some "Interim financing" (backed by our gold?).

    While that makes lot of sense in the long run wrt to bringing down building-time for the DZP, from the POV of a nervous market which does not really believe the 1-billion project will be realized, that drastically reduces the attractiveness of Alk. Things will Change once we get positive News on the financing side or at least conclude another zirconium deal to offset the one (of three) ZOC MoU that was cancelled.
 
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