That Alpha project is unique and they have worked it up into a clever mix of products which will meet clean energy targets. My bet is this will be de-merged, or, in fact, the East Tennant project will be de-merged. We will end up with two companies for the price of one. They are such significant projects and so different.
I recall the MD saying some months ago that there is intense Industry interest in Alpha. This would be the big Asphalt companies. You would imagine they will want a slice of the pie!
I suspect the Feasibility studies will be fascinating for Alpha, in a rising demand market, which today, the CEO, reminded us about. Lots of roads being built; olympics in Briz, etc
I also thought the CEO’s commentary around hole 1, during Q&A, spoke volumes. He is visibly excited about the IOCG prospects.
I think this is a winner, but I am still unsure what the potential value is. It may be spooky high!
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