AHK 5.26% 18.0¢ ark mines limited

Ann: Mt. Porter Mining Update, page-64

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. 830 Posts.
    lightbulb Created with Sketch. 2
    Getting bored waiting... ho hum...  so been reading up on Kirkland... Found this:

    http://s21.q4cdn.com/967674075/files/doc_financials/2017/Quarterly/Q1/Q1-2017-MD-A-Final.pdf

    The maiden Lantern Deposit Mineral Resource was reported during Q1 2017 and work is underway to determine development plans and drilling requirements to develop these mineral resources to mineral reserves for mining in late 2017.  Development is also underway to access parts of the Western Lodes which have been defined in recent years with some material expected to be mined from the 500 Lode in Q2 2017. Cosmo will have 3 underground diamond rigs and a surface rig drilling during Q2 2017, with the main focus on upgrading resources to, at least, an indicated category.


    My guess is that since they expect to be mining their own material again in late 2017, the union reef mill will remain open for business. I cant see them not granting an extension to AHKs contract...
 
watchlist Created with Sketch. Add AHK (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
-0.010(5.26%)
Mkt cap ! $9.980M
Open High Low Value Volume
19.5¢ 20.0¢ 18.0¢ $29.57K 150.8K

Buyers (Bids)

No. Vol. Price($)
1 5000 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 10000 1
View Market Depth
Last trade - 14.43pm 04/10/2024 (20 minute delay) ?
AHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.