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3.36%

61.5¢ alkane resources limited

In the video from the precious metals conference Nic stated they...

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subi1

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16/09/19

10:38

Post #: 40433768
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Originally posted by edgck: ↑

That 45c target is looking further away.

If you look at the fact that this is potentially a significant discovery on the scale of Cadia Ridgeway (which is already a multi-billion dollar resource)
then clearly 45c is now too low and unrealistic.

Plus there is the other exploration results that could add to TGO.

The other point of transitioning to underground mining at TGO are not relevant as they are still earning money and not likely to need to raise money.

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In the video from the precious metals conference Nic stated they are on ORE now in the underground expansion.

I wonder when they will start processing the ore.

ALK Price at posting: 61.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 61.5¢		Change 0.020(3.36%)		Mkt cap ! $371.1M

Open	High	Low	Value	Volume
63.0¢	63.0¢	60.5¢	$448.5K	733.2K

Buyers (Bids)

No.	Vol.	Price($)
2	20632	60.5¢

Sellers (Offers)

Price($)	Vol.	No.
61.5¢	441	1

View Market Depth

No.	Vol.	Price($)
2	20632	0.605
6	13404	0.600
2	3177	0.595
1	1000	0.590
6	43150	0.580

Price($)	Vol.	No.
0.615	441	1
0.620	49104	3
0.625	20354	3
0.635	88	1
0.650	1760	1

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last 61.0¢			Change 0.020 ( 2.52 %)
Open	High		Low	Volume
62.0¢	62.0¢		60.5¢	233251
Last updated 15.59pm 16/05/2024 ?

ALK (ASX) Chart