ALK 1.27% 40.0¢ alkane resources limited

Not my cup of tea. Very high leverage to the Cu and Au price but...

  1. 15,433 Posts.
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    Not my cup of tea.
    Very high leverage to the Cu and Au price but too little margin for error.
    I would expect ti to improve a little with drilling to get it to PFS level at which point a better determination re metal price outlook can be made.

    I suspect the mine they gave away/sold McPhillamys is better. Their PFS may come out this year and will be more sound with the metal prices in comparison.

    All IMVHO.
 
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