ALK 0.99% 50.0¢ alkane resources limited

Win Win for Alkane in NSW Mining Environmental & Community Awards

  1. 569 Posts.
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    Good to see that Alkane's efforts to Conserve the Pink-Tailed Worm-Lizard have been rewarded.

    http://alkane.com.au/images/pdf/Media/20150901.pdf

    http://www.dailyliberal.com.au/story/3304831/alkane-out-to-protect-native-lizard/

    Looking forward to the BFS and particularly the hafnium circuit results.

    Hopefully, the first piece of funding, which I assume will be the project level sale of a percentage will happen in the next couple of months and will reflect the NPV?

    No mention of Shin Etsu in the talk of off takes. It appears that they got bored of waiting on the slow NSW approval process, and went elsewhere. The last mention that I am aware of was in the June 15 quarterly, "MoU with Shin-Etsu for rare earth processing and off-take extended to 31 December 2014 to facilitate commercial agreement". Hopefully we will see them again when we have the final approvals and construction under way.
 
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