If the $80m - $90m is correct, which year was it stated? What would it cost now?
Alkane are in a solid position, around 120m in cash and investments, with around 20m in debt.
What would Tomingley cost now based on your figures? $100m? - $110m?
In NE words, we are going to hit the drilling hard next year, that does not come cheap!
I don’t mind a raise, but not at possibly 40c - 50c mid next year.
Tomingley extension could be approved in 1 week or 6 months, who knows.
Anyway, back to the positives
- we are going to hit the drilling hard next year
- we are seeking investment so I’m not 100 years old when Boda poured its first gold
- Tomingley extention to be approved in the near future with solid income for the next 10 years at a minimum.
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