ALK 3.26% 47.5¢ alkane resources limited

Ann: Annual Resources and Reserves Statement FY24, page-28

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. 5,232 Posts.
    lightbulb Created with Sketch. 3176
    For the other non- accountants, including me too, I had to think:
    FCF = Free Cashflow.

    $338 million about in Free Cashflow —in the next 3 years until end June ‘27, is pretty good I think.
    (averaged at over $100 million per year for each of the next 3 years ahead , calculated on mid- range of guidance for growth capex, and price of gold, & including existing hedges + exploration costs etc. )

    Not considering at all the value of the assets and resources in- ground.
    With likelihood for growth of resources & great potentials for new discovery and greater discovery with existing resources.

    ALK should never have got down to this price.

    Last edited by Aqua65: 06/09/24
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.