ALK 2.00% 49.0¢ alkane resources limited

I'm confident things will pan out well. Apart from a bit more...

  1. 862 Posts.
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    I'm confident things will pan out well.

    Apart from a bit more land acquisition I don't think there is much more to spend on the DZP until financing is sorted. They have it ready to go, with all govt approvals complete.....they now pretty much have the luxury of sitting on this billion dollar asset then if they need too & focus completely on their gold business.

    It really should be a win/win. If ALK announce progress with offtake agreements, partnerships or financing with the DZP that is great. If on the otherhand they announce that they are putting it to sleep it until such time as the commodities market is improved & ramp up attention to their gold business the market almost certainly will respond well to that.

    The TGO has the capability of pumping out tens of millions of dollars of free cash flow to ALK over the remainder of its life. All the market has to believe is that the money is being saved or invested wisely & the sp will be heading north.
 
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