This thread is becoming extremely tedious. If you have such great gripes, why weren't you all on the AGM demanding questions. If you are really still holders you are shooting yourselves in the head. The constant negative comments which are in my opinion completely without foundation causes the weak hands to keep selling down. You need to go back over the last 2 years and reconcile what has actually been achieved. For a very small cap exploration company a lot of work has been completed and the asset profiles haven't changed other than the Horn Island resource moving from inferred to indicated, and we now have a robust assessment of the horn pit resource which proves that the current resource alone is a viable mining opportunity.
Moving forward there are also still additional opportunties in NSW and Fiji....the focus needs to be on the Torres Straight tenements where we know we have mineable gold. If we can extend the resource estimates on Horn, it becomes more valuable....pretty straightforward really.
Had we hit a rich gold target in NSW no one here would be complaining. At the time Alkane was drilling the company had no idea of the depths that may have been required to hit prospective gold. In hindsight, it seems that drilling at greater depth might have proved up different results. Problem was the drilling was complete and the assays were sent to the lab for testing and the results were delivered months later due to the huge backlog in the testing labs....again hardly an AQX management problem. It was a problem for all the miners drilling in that area at the time.
Let's not forget John Holliday was leading the exploration program in NSW and he discovered Cadia. He knows a thing or two more than any of the naysayers here on HC.
Time to sell if you don't see the opportunity and move on....I'm going to be staying in for the long term.
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