Alacer expects $70 million of incentive tax credits for the full...

Alacer expects $70 million of incentive tax credits for the full 18-19 Year.

The tax credits are coming at a great time throughout the initial start up generating excellent cashflow.

As the plant goes through commissioning to nameplate they have a fantastic contingency which also includes running under budget on the build.

Its my number 1 pick of the Aussie Golds

Obviously they have Gediktepe on the backburner but longer term I'd love them to get involved in some Kazakhstani exploration via their JV partner Lidya Madencilik and the Calik Conglomerate (see below)
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The Kazakh delegation held talks with representatives of the Turkish companies to discuss cooperation in the spheres of industry, construction, medicine and textile production in Istanbul within the framework of the investment week on May 7-12.

The delegation led by the Vice-Minister for Investment and Development Arystan Kabikenov met with the leadership of industrial groups in Turkey, including Yildirim Holding and Calik Holding, which includes companies such as Calik Enerji and Lidya Madencilik, according to the website of the Kazakh Prime Minister.

https://www.azernews.az/region/131744.html