ALK 0.69% 72.0¢ alkane resources limited

Two entities already exist. REE is in ASM. Check...

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    Two entities already exist. REE is in ASM. Check https://www.asx.com.au/asxpdf/20190606/pdf/445n6my2flklq5.pdf
    Nic Earner mentioned to spin out REE. My understanding for this: ALK shareholders gets shares of ASM. It gets quite interesting then with new investors for ASM. They will evaluate ASM with Dubbo and the South Korean intellectual property. Just to give you a hint: ARU market value is about A$ million 87.56 (including 100% Nolans and xx% another Tungsten project). How about Dubbo's value more or less ARU? Actual value of the intellectual property in South Korea? And actual value of AU activities Tomingley and NMPP? A$ 1 billion? Plus actual value of 13% CAI and 15% Genesis. Plus cash on hand, bullions on hand, ore from Tomingley mining at the mill. ALK announced they will start underground mining at Tomingley in March 2020.

 
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