ALK 3.09% 50.0¢ alkane resources limited

first gold pour, page-7

  1. 1,239 Posts.
    1) Money from gold should come in pretty quickly. Also, we still got 30-40 mio cahs on hand. If we need more for the engineering study, we can always do a partial forward sale of some of the gold for this and next year.
    Except for that, we will only need more cash if we move forward with the DZP, in which case we should have nailed down financing anyway.
    As our management is not completely stupid, once the permit comes in they will first announce the sell-off of 10% of the DZP and then some financing deals wrt export agencies + commercial credit. Hopefully, we will need a CR only to cover any contingencies - but after all the other announcements, we should trade way higher anyway, so any dilution would be strictly limited.

    2) Unless gold were to go to 1900 ... But then, that would mean that the world economy is in serious Trouble. i prefer usgoing Forward with the DZP...

    3)agreed

    4) Agreed but we have positive news re_new products developed by Alk that should bring in an ok price.

    5) No, I think those two element are just too unimportant to our income to have an impact on the SP

    6) See above. I think this is the mos important factor for our SP. If we get to conclude a MoU with ShinEtsu in this respect promising a NPV multiple we are golden ...

    7) Agreed, but i tink ist not that a big deal, compared to financing, given the obvious Support by the NSW gov and the big majority of the local population.

 
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