ALK 3.67% 52.5¢ alkane resources limited

Ann: Quarterly Activities Report, page-267

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 8,272 Posts.
    lightbulb Created with Sketch. 1589
    was thinking same and there are only two reasons I can come up with...

    1. there could be some hidden costs to those liabilities for rehabilitation - this is unlikely as IGO don't want to attract such news which will be damaging to their brand but I still, in theory it is there.

    2. IGO does not believe the ground holds Tier 1 gold deposit so they passed it MM8. - this is most likely scenario.

    Considering ALK are very conservative they would have checked the first point - I hope.

    can't think of anything else.
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
52.5¢
Change
-0.020(3.67%)
Mkt cap ! $317.6M
Open High Low Value Volume
54.0¢ 55.0¢ 52.5¢ $518.0K 968.7K

Buyers (Bids)

No. Vol. Price($)
6 140725 52.5¢
 

Sellers (Offers)

Price($) Vol. No.
54.0¢ 67758 3
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.