I personally think the two overseas trips by Nic Earner during the year were as more to "attract Institutional awareness and make Instutional Introductions "..than to attract immediate overseas Institutional buying !At least ...In the market that existed/exists for gold copper plays ...and having regards to the fact that ALK is still ( until next year ) a sub 100 oz pa producer , AND has an ResourcE Update pending for Boda !
Overseas Instos generally are aware of emerging stories in Canada and South America , and I am sure Nic has made many more Fund Managers aware of what ALK has .
Its not like , ALK has gone over there seeking immediate Funds --the first question overseas buyers will ask --is how do we take an equity position . They are not going on market to buy --as the turnover just isn't there . They will wait ...until ALK has verified its updated Resource at Boda , prepares its preliminary PEA ..and makes some preliminary "determinations " of what its going to do --as regards moving forward as a stand alone operation , or a farm , or a JV .
At which time ..capital requirements , and how to fund them ..and who they take on as a partner ..that's when local and overseas players , need to be carefully assessed .
I would also assume by then ..having completed the drilling programmes to update/upgrade BODA/ KAISER --to this point in time , other regional scout drilling programmes will be underway as well ..and hopefully/optimistically/logically , other deposits in the nearby area are unfolding . Similarly --Tomingley additions --nearby ,as Allendale and to the south on that ground picked up from Sandfire ..have had some drilling and are showing promise. .
I kept a Greatland Gold Preso , also done at the Denver Colorado Sept 2023 Conference , for reference .
https://greatlandgold.com/wp-content/uploads/2023/09/2023.09.18-Greatland-Denver-Gold-Forum-Presentation.pdf
In view of the takeout of Newcrest by Newmont ---and Haverion "exiting "the scene as one of the best ( if not the best ) emerging discoveries , I think Boda takes an even bigger presence on the world stage , as a Tier One world class discovery . As ALK has said tho --its a seven year Project . But by March 2024 --we should get a much better idea on how it shapes up , on world class potential --and when 'overseas awareness "starts to get serious .
We should be seeing a much more conducive copper/gold market over the next 6 months ..and a much better environment for the big Canadian gold players to be looking at undervalued LONG TERM Australian gold plays .
AIMHO
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