ALK 1.27% 40.0¢ alkane resources limited

revenue 50 milliion mine life hundred years

  1. RM
    7,451 Posts.
    The exciting Dubbo Zirconia Project will have an open pit mine life measured in hundreds of years. The projected revenue of 42 -52 million pa has a lot of upside as this world class deposit contains much greater concentration of more valuable rare earth elements then other well known sites.

    Also looking forward to increasing the gold resource base at Caloma and of course hopefully a 5 million ounce new gold find at McPhillamy,s joint venture with Newmount. I think Newmount is currently planing how to tackle the next stage of drilling. Theres also a copper play to boot with more to follow. DYOR

    Regards RM
 
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