From the coys website
“Advancing Tim’s FindWhile awaiting the final mining approval, Alt noted it could begin clearing the mine site and haul road construction.
Meanwhile, Alt has completed mine optimisation, design, scheduling and economic evaluations for the stage one operation at Tim’s Find.
A maiden ore reserve and pre-feasibility study remain on tract for release in the current quarter and Alt aims to kick-off mining early in the September quarter.”
I read this as it is related to Tims find though I bow to your obvious much larger investment and hence care factor... in the coy.
https://www.altresources.com.au/press/alt-resources-advances-tims-find-further-with-mine-plan-lodgement/I think if you actually reread my original post I noted the “current” POG. that doesn’t mean it will be the POG when/ if they start mining for real.
I love the SP and MC furphy...if I bought them at 3c but they diluted the shizen out of my holding by doing CRs but now have a MC 5 times larger than originally but the SP is still at 3c...have I made a profit??....
CR anyone?
T
