ALK 2.61% 56.0¢ alkane resources limited

todays australian

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    A snippet from a story in today's Australian....the sometimes hidden value of ALK's interests ie its 16% holding in BCI.

    "We're expecting within the next few weeks to see the first resource statement from BC Iron. There are hopes of something approaching 30 million tonnes at 55-58 per cent. The company has signed an agreement with Fortescue Metals Group. BC Iron plans to truck its ore to FMG's Cloud Break mine, then send it down the FMG rail line and on-board ship at FMG's wharf at Port Hedland."
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