Ann: Alkane Investor Webinar, page-29

when he answered your Q he said those larger Nth American investment houses who understand/like porphyry project “currently only have opportunity to buy on market”. This obviously indicates Nic would be offering them a placement.

so the way I read it they want a cornerstone investor or 3, to inject say 30-50M (total guess spitballing) to quickly and comprehensively advance the greater boda/Kaiser/extensions etc. current Alk SH get to see value out of porphyry sooner and instos on the bus for the ride. If the instos think they can add easy oz via the drill bit (to an existing producer), this will work and looks a good win win strategy. Final step then sale or JV when value maxed.