ALK 3.77% 55.0¢ alkane resources limited

Gap fill, page-14

  1. 7,557 Posts.
    lightbulb Created with Sketch. 2077
    Hi ssyd

    You raise a good point.... $80M in the bank, a gold operation making $23M a year [with prospects for extending the mine life for another several years... 20 years?].

    Updated MC is $320M ... minus $80M, minus $20M odd investment in 2 other goldies, minus ~$200M for the gold operation, minus $?? for Dubbo.... which leaves what??? What is a 500 metre intercept into a porphyry worth...???
 
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