ALK 0.93% 54.0¢ alkane resources limited

Ann: Corporate presentation on Boda, page-49

  1. 344 Posts.
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    This seems one over-valued goldie to me. Even if Boda comes through as a significant resource (and the risk on that has increased recently), no-one can give a justifiable figure on it. Meanwhile, ALK remains a very small gold producer.
    Hard to see how it can have an EV to Production that puts it up with companies like EVN, NST and even NCM. If a DFS for Boda had been produced, then maybe, but that would depend on the figures.
 
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