ALK 0.00% 42.0¢ alkane resources limited

Ann: Tomingley Debt Restructured, page-28

  1. 7,934 Posts.
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    ahh the "expert" - it seems you have no idea what business case is and refuse to get of the forklift and do some reading as I suggested to you.

    ok question for you and rest of the "experts" - ALK are right now doing SS study (which is a form of business case) which will include AISC, costs to develop the resource and guess what LOM. Question to the "experts" - how many reserves Boda and Kaiser have?
    Companies normally drill out reserves when they are close to mining as in the case of Roswell now. And they need this in order to forecast production, grades, AISC etc.. Otherwise Indicated resource is high enough confidence to do SS or business case.

    Again - I suggest you better read something on the subject as you are now deep in the embarrassing territory.

    And the most important ALK had zero reserves at Roswell and SA when they did their "business case" back in 2021 when they announced extension of guess what Mr Genius - LOM at Tomie on the back of Rowell and SA resource with zero reserves.

    https://hotcopper.com.au/data/attachments/6180/6180506-4ad61f8a26bf4d2a3543ddf6b3a841f8.jpg



    https://hotcopper.com.au/data/attachments/6180/6180511-6cd3b38fd678744f2df9f4c8e0af54ee.jpg


    https://hotcopper.com.au/data/attachments/6180/6180513-c1617b48c59e8bf65b3efddf9b3b0105.jpg


    again, read mate... start with a paragraph a day and eventually you will develop a habit and learn a thing or two rather than making noise.




 
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