Ann: Annual Report to shareholders, page-52

why did ALK allowed to be in the orphan period again? why couldn't they plan better and fast track the drilling of the resource and start the approval process sooner? they certainly knew how slow the approval process in NSW is.
Right now they should be really active exploring for more resources outside Roswell, SA and McCleans. As it takes time to drill them and get the approvals in place. While at same time keep testing current orebodies for extensions.
Allendale is one where they may have stumbled onto something but since they hit those intercepts, they booked the next stage in about 8 months. That says it all - how good planers they are.
But as long as wages are milked, and performance rights given why should they care.

And should look to acquire more land around the TGO - now not when all explorers are flooded with money. Now is the time to strike good deals. But ALK also needs to understand no one (almost) will just give the land away for free.

And look for opps in WA and Qld as well. Spread the risk from weather events or harvest seasons etc. They are supposed to be conservative but allow to be exposed to such risks.