RE:RE:IKN and the management replyI think there are two things that concern the potential newcomers. First it's Ana Paula's state, Guerrero, which is the riskiest one among all the states in Mexico although there are other firms in the region.
And second, investors want to know how ALO will fund Ana Paula, debt or dilution? I think these two reasons keep them on the sidelines.
On a side note, I would like ALO's AISC to drop. All-in sustaining costs (“AISC”) between $1,000 and $1,100 per ounce could be lower.