alk mc below asset backing, page-2

Agree Daytr

The mix here is attractive at these levels. I've been sitting on the sidelines for about 6 months waiting to add to my small position. I added a few yesterday since I think there is very little selling pressure and a few potential catalysts in the next couple of months.

Tomingley coming online and producing over the next 6 months hopefully will alleviate fears around operational risk. Gold price and Australian dollar also clearly important.

It'd be good to see some announcements around other financial/technical partners for the DZP. So far they've attracted some high quality companies in Shin Etsu and Treibacher.

Finally there is Lynas. I remember seeing a chart a while back of the correlation between ALK and LYC. It was near perfect. Famous last words on Hotcopper but Lynas appear to be turning a corner now with production. This can only be a good thing for ALK.