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Alkane formula proves durable

It may have been a tad slow going but for long standing shareholders of Alkane Resources there could be a big win looming on the horizon. And if Alkane successfully pulls off the development and operation of the Dubbo project in New South Wales in the next 2-3 years, it will also arguably stand as an archetypal success story for the junior resources sector.

If the long-life Dubbo zirconia project produces annual revenues of A$500-550 million (US$385-425 million) at operating costs of A$200-250 million – as is being anticipated based on current spot