Comments on: The Short-Term Success And Long-Term Failure Of The Rare-Earth Metals Market https://www.techmetalsresearch.net/the-short-term-success-and-long-term-failure-of-the-rare-earth-metals-market/ Commentary & analysis on rare earths and other technology metals Sun, 26 Sep 2010 19:22:43 +0000 hourly 1 https://wordpress.org/?v=6.4.2 By: Kim https://www.techmetalsresearch.net/the-short-term-success-and-long-term-failure-of-the-rare-earth-metals-market/#comment-530 Sun, 26 Sep 2010 19:22:43 +0000 https://www.techmetalsresearch.net/?p=1455#comment-530 Hi Jack,
Great work. Thanks.
Jack I am wondering why ALKANE RESOURCES does not garner more coverage. The market is currently valuing this advanced HREE project,which, as recently reported, is set to become the world’s top HREE producer in the near term. at ZERO $.

YES, YOU READ IT RIGHT. THE MARKET IS VALUING ALKANE’S DZP AT ZERO $. THE CURRENT MARKET CAP ONLY ACCOUNTS FOR ITS GOLD PROJECTS !!

The DZP, as is public knowledge, is looking at processing 1,000,000 tons of ore. That would create revenue upward of 250M $ AUD with operating costs at about half that (conservative estimates according to Ian Chalmers, who is conservative and reliable).

$125M free cashflow ? 100 YEAR MINE LIFE ? TOP HREE PROJECT, ADVANCED AND READY TO GO. VALUED AT ZERO$?

I VALUE IT AT 550M USD (conservative) PLUS ANOTHER 200M USD FOR THEIR GOLD (Total 750M USD) — CURRENT MARKET CAP OF ALKANE? AROUND 169M AUD.

Why is there not more coverage on Alkane Jack ? You have said that over the medium to long term it will be the heavy REE’s where the ongoing demand is. Well that is where ALKANE is positioned, and it is one of the three most advanced projects in the world outside China.

Let’s hear a little more about ALKANE.

]]>