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Hi ssyd You raise a good point.... $80M in the bank, a gold...

  1. Dazedandconfused
    7,510 Posts.
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    12/09/19
    20:57
    Post #: 40404140
    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...???
    ALK Price at posting: 63.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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