ALK 3.09% 47.0¢ alkane resources limited

Bottom line is AISC after copper credits is at $630 so there is...

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  1. 8,284 Posts.
    lightbulb Created with Sketch. 1590
    Bottom line is AISC after copper credits is at $630 so there is plenty of room to accommodate lower price of gold of copper. Yes, payback period and NPV take a hit but we need to take in consideration this will be over 30 year mine and not 17 year mine as per SS.

    and chances to find more and at higher grades are real. The zone around 094 is one example as the average grade there could be around 0.6g/t AuEq or even higher depending on what cut-off they use. And this discovery is not part of the resource.

    Any other discovery is a bonus. And yes, a high grade discovery can put a rocket into this project as it will accelerate the payback period significantly and make few majors pick the phones sooner rather than later.
 
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