ALK 1.27% 40.0¢ alkane resources limited

Ann: Quarterly Activities Report - September 2015, page-2

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    "Annual revenue has been estimated to be approximately A$580M with operating costs of A$260M delivering a A$320Mpa EBITDA, 20 year NPV of A$1.22B and IRR of 17.5%. This is a robust project based on conservative prices."

    An NPV of 1.22B with CAPEX upfront of over $1B and an IRR of 17.5% does not make feel this project will get financed .
    Nice gold results though.
    But overall I am disappointed interesting to see the sp up though so maybe I know nothing .
 
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