agree but if EVN is not interested for rest of MGV then there could be an opportunity for ALK. And who knows, EVN may decide to pull out from the JV - I doubt though but who knows.
EVN took that stake as part of the deal when they negotiated the JV for the Lake.. few years ago.
I really like rest of MGV's ground and how they operated there. ALK should look into them as MC of around $100m with close to 1Moz resource which is growing by the day is decent value. Much better grades than CAI's.
But you right there are other opportunities out there.
Ann: Alkane Delivers Profit After Tax of A$24.7 Million, page-17
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
60.0¢ |
Change
0.030(5.26%) |
Mkt cap ! $362.0M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 60.5¢ | 59.0¢ | $617.0K | 1.037M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24169 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 11283 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
60.0¢ |
Change
0.030 ( 5.21 %) |
||||
| Open | High | Low | Volume | ||
| 59.0¢ | 60.3¢ | 59.0¢ | 178710 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| ALK (ASX) Chart |