ALK alkane resources limited

Ann: Final Boda results - Resource estimation underway, page-22

  1. 8,702 Posts.
    lightbulb Created with Sketch. 1655
    as I said, just speculation.
    But even when asking the banks for a loan ALK has to show assets and at Boda they have no asset (very small resource at Kaiser which will be laughable to show on the back all this expenditure since 2019 and the resource was there prior to this activity) as collateral in order to negotiate lower interest rates.
    There more assets they have they safer the investment from bank point of view as they know if ALK goes belly up, the bank will be able to recover their investment. I think banks will only recognize JORC resource, otherwise ALK could have show them the research papers from couple of houses that cover ALK.
    So, could be combination of both negotiate better loan terms with the banks and attract more institutional interest. Makes sense to me.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
67.0¢
Change
-0.020(2.90%)
Mkt cap ! $405.7M
Open High Low Value Volume
69.0¢ 70.0¢ 66.5¢ $848.4K 1.250M

Buyers (Bids)

No. Vol. Price($)
3 23000 66.5¢
 

Sellers (Offers)

Price($) Vol. No.
67.0¢ 147836 2
View Market Depth
Last trade - 16.10pm 07/07/2025 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.