Ann: Appendix 4D and Interim Financial Report, page-6

Ok yes we knew that the profit would average currently $15million a year climbing to $25million in the near future.
Those are the figure gave Nic told me at AGM.

Remember there are a lot of write offs to reduce profit. Normal legitimate accounting.

Soon we will be getting a resource definition upgrade on the underground mining.

Price is was based on future potential. Between 2 and 5 years away and in Boda's case, a billion dollar investment possibly.

Boda,
Peak Hill,
San Antonio,
Roswell

Korean Metals Plant
And of course the demerger of the Dubbo. And

Boda, Tomingely deposits depends on how the market values the potential of the gold stored in the ground. (Quite safe. We just don't know how much gold (cash) is there.)

We have a market cap at this time of $493m
$78million in the bank as of December

https://hotcopper.com.au/threads/ann-quarterly-activities-report.5196406/

Key Work Plan & Milestones – Next 6 Months
§ Commencement of step-out drilling at Boda (Q4) and results (Q4 / Q1 2020)
§ Inferred Resource for Tomingley Corridor (Roswell early December)
§ Updated Tomingley Underground Mine Plan and Scheduling
§ Acquisition of key land for Tomingley Corridor UG development (under option)
§ Approvals and Commencement of Tomingley Corridor Exploration Drive
§ Update on ASM Demerger Considerations (Q4)
https://hotcopper.com.au/threads/ann-agm-presentation.5084200/ . Page 16.

Everything is humming along nicely except we are tipping into an economic pandemic but this will pass.

So yes ALK has taken a bit of a tumble, but really to be expected. It could go up or down tomorrow.