ALK 3.26% 47.5¢ alkane resources limited

Ann: Presentation to Australian Gold Conference, page-2

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  1. 8,175 Posts.
    lightbulb Created with Sketch. 1575
    good preso. I sent them an email suggesting few changes/additions though.

    They need to add more info around the work on regional targets at NMPP. The early-satge line is too old and people will question if there is any work being done at all.

    ALK plans to drill Driell and Murga this calendar year and that means the early-stage is passed for these two. It would be better if they say something along the lines of:
    preparations for first stage drilling of Driell C and Murga are on the way and early-stage work continues for..
    It will show ALK are more proactive.

    Early stage means lot of things to lot of people but most see it as:
    Soil samples, rock chips, AC drilling, some magnetics.

    then the exploration progresses to early stages of real drilling:
    first round of RC and DD holes or straight to Diamond Holes depending on the situation. Then more magnetics (as an option) or more follow up holes or both. And so on.

    And if they hit something really juicy then it goes to full on drilling MRE.

 
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