AL8 0.00% 0.3¢ alderan resources limited

Ann: Clarification of ASX release - additional data on sulphides, page-21

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  1. 11,557 Posts.
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    OK, thanks H and S. It's good to have a reasonable discussion here. I posted here several weeks back about things, especially the Geo's report and the Legal report in the Prospectus and how they did not coalesce with the things being posted here at that time. was what I got and I was put on 'ignore' by one of the leaders too.

    The high MC (as I see it anyway) imo has factored in the probability that the hypothesis will be proven.

    But's let's say that does turn out to be porphyry, the work to prove that will take a long time and also cost a lot of money wouldn't you say?

    What money could be raised from selling minerals along the way to help do that?

    Then, the next question would be: what to do with it!! Flog it I suppose. JORCing (or whatever they do in the land of Uncle Donald) would be very expensive. JV'ing with a major player could work but AL8 wouldn't like to be the prisoner that TLM is (SFR jv)

    Thoughts?
 
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