ALK 5.26% 60.0¢ alkane resources limited

Ann: Significant Porphyry Au-Cu Mineralisation Width increases, page-188

  1. 7,400 Posts.
    lightbulb Created with Sketch. 2023
    A lot of useful information in that video.

    *.. hole #3 will start to give some idea of the size of Boda and by the 5th hole we might get some preliminary 3D representations. Definite price driver so long as each hole hits mineralization.

    *.. With the appointment of a CEO for ASM that signals there will also be a business plan accompanying the demerger... no way you would do otherwise. I can see at least 20 cents value creation with this. However, I am cautious about the timeline. This COVID 19 is a big deal and it will slow down the development of all new projects. The World's financial system is creaking as it is... the money printers will be firing up the presses already but...

    *.. realistically 12 months or more before ALK will be fully utilizing the mill... so a lot is hanging on continued success at Boda. The income level probably will only cover costs until then.
 
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