ALK 0.93% 54.5¢ alkane resources limited

To avoid accusations by LTL of pumping you should consider that...

  1. 1,239 Posts.
    To avoid accusations by LTL of pumping you should consider that that video was done at a time when we were still looking at a 0,5 MTPA plant under the preliminary FS. The current plant is twice that big, so the Toongi resource will last less time. As it currently stands:
    Currently applied for: 20 year project - NPV 1,2 billion AU$
    Reserve: 36 years at 1 MTPA
    Resource: 70-80 years at 1 MTPA

    Of course there is also the Railroad deposit up the road which is roughly 50% of that size, but also contains only 50% of the relevant elements. Most likely we will use that one in parallel once we move to a 1,5 MTPA operation (>5 years from now).
 
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