AL8 0.00% 0.3¢ alderan resources limited

Ann: Rio Tinto hits 33m at 1.9% Cu & 0.65 gpt Au at Cactus Canyon, page-111

  1. 2,290 Posts.
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    I'm not sure how AL8 is to blame for Kennecott (RIO) delays in reporting results? You think they answer to AL8? They work to their own schedules.

    The Frisco JV with Kennecott is only one project. Outside of the JV, there is still Detroit, White Mountain and Valley Crossroads. Unfortunately, they're awaiting permitting for drilling to proceed. (White Mountain scheduled for late October)

    The main interest here for the major holders is the Detroit project where Peter Williams has envisaged a multi-million ounce gold discovery.

    Yes, the delays with RIO reporting results for Frisco is annoying... but there is literally nothing AL8 can do as the junior partner with a global major as a partner.
    Last edited by VatreniHR: 21/09/20
 
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