ALK 2.30% 44.5¢ alkane resources limited

Ann: Appendix 4D and Interim Financial Report, page-18

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  1. 10,648 Posts.
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    Well mate, the terribly simple answer to that question is to jump back on at a lower price.

    In the face of a global slow down due to supply chain concerns - what will the market place on the spin off of DZP, can it be financed at the IPO? How keen would the market be on more Boda hits atm when recovery might be slower than GFC because of persistent easing? I am not saying anything, just asking - IMO it is a critical question.
    So it is ALK's gold production which is the driver - and ALK's cap is too high for present production - how much future discovery can be factored in.

    The Cap is the key - and cash is king.

    So I only gave that answer because you asked - please note I have changed sentiment from sell to none.
    Last edited by JandJ: 28/02/20
 
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