ALK 1.85% 53.0¢ alkane resources limited

Ann: San Antonio Resource Est. Pushes Tomingley Ext. over 1.1m Oz, page-17

  1. 7,671 Posts.
    lightbulb Created with Sketch. 1446
    that's not a big deal. These things hapen all the time just not all companies report them all the time.

    Hence why we see grades reconciliation issues when they start digging. ALK are conservative and report as is. Also they are restricted where they can drill due to the highway location. I don’t see it as major setback. If it was loss of over 100k Oz then we have a problem as there is no grade consistency and it will require very close drilling to have grade controls which means higher AISC.

    I thin we are good.


 
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