ALK 3.26% 47.5¢ alkane resources limited

Ann: Appointment and Retirement of Company Secretary, page-4

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. 2,018 Posts.
    lightbulb Created with Sketch. 44
    snippets from 1980 mining review journal.

    ALK Exploration (Terrigal)NL
    Directors F.H.Lean(chairman)M.A.Mayger (secretary)R.M.White
    1979 4,706,281 fully paid 50c shs & 4,733,745 50c shr paid to 10c
    Dec 1977 co had shareholders funds $149000.

    Sh/pr movements ALK did break thru $1 in 1970 however for most of 70,s shs traded below 10c level.
    From 1978 low 4c rose to 40c due to strong buying pressure from institutions & nominees.
    From late 1978 to late 1979 shs traded in the 18c to 20c region reaching 24c in sept 1979.

    activities in 1978 directed towards oil,gold,diamonds.

    Alk started its life as a oil explorer holding offshore leases in the Sydney basin, 10% in wa80p in west Australia Otter Exploration main holder.
    Diamonds 20% interest with Carr Boyd Minerals in West Kimberleys along with a number of interests
    in other company's operating in the Kimberleys.
    Gold,1/3 interest in a consortium comprising Alk, Golden Plateau NL and others. Consotium can earn up to 80% interest in exploration applications covering areas in central NSW.
    Up to sept 1979 Alk realized sh trading profits exceeding $100,000.

    I hope the next qtly is more up to date,esp in regards to financing DZP.
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.