Ok, some things to add. I want to change some things. 2 major...

Ok, some things to add. I want to change some things. 2 major points.

The first point: In my first post that started this thread; I wrote the following:

"Exploration projects OUTSIDE of the area of Tomingley to Peak Hill gold area, such tenements as Northern Molong Porphyry, Cudal, Wellington Rockley etc. We have had some good interesting hits. But nothing to date which has hung together. For example and in no particular order or tenement reference:

311m @ 0.28 g/t Au, 0.06% Cu from 19m to EOH

176m @ 0.20 g/t Au, 0.02% Cu from 124m to EOH

60m @ 0.81 g/t Au, 0.91% Cu from 0m

17m @ 1.2 g/t Au, 2.8% Zn, 7.29 g/t Ag from 96m

29m @ 1.53 g/t Au from 0m

However, we have done some of the heavy liftings for other potential exploration companies. All the other tenements, with data, would pick up between 1.0 Million and 2 Million (And I am probably conservative with this number). Let's split the difference and say it = $1.5 Million. (P.S. we are still waiting on drill results from one of the areas, so we all hope we get a good hit)."

Ok well after some consideration and thought. This is far better than the $1.5 million value I have put on it. Many many ASX exploration companies have 10 to 20 million market caps with not half the results (or any result like above). They have a story. This is probably worth 10 million to 15 million instead of the $1.5 million I first suggested.

The second point:

Alkanes payment for exploration expenditure each financial year.

2015/16 $6.7 Million

2016/17 $10.1 Million

2017/18 $10.9 Million

2018/19 $11.6 Million

Now if you look at expected exploration costs for the quarter of July to Sept, we have $5,000,000 in place!

So for just one quarter (JUST ONE QUARTER), we will nearly be spending as much as the whole year in 2015/16 ($6.7M), or roughly half what we have spent in the last three financial years.

If you remember when they found the gold hits, they announced a 50,000m drilling campaign. Quietly this was changed to a 60,000m drilling campaign? Why?

The question has to be asked. Why so much?

People who suggest this stock is fully valued are not looking at the big picture.

We are going to have a lot of news, as the drillbits are turning at a furious pace. It is clear via Alkanes actions in spending committed that perhaps we are on to something! And a lot of the above drilling will be shallow and not the diamond drilling that is required to get to the more juicy part of any deposit.