A rarity I suspect, a company which can say, right now, it will exceed its minimum guidance. Better still when there is a solid market for its product.
More so when it has $90 mil essentially in liquid form. Take away sum that and it means Alk is currently valued at about $270m. Bargain IMO.
I see we will have San Antonio pre-Easter, so pre 12 April 2020, and all of the hard work (drilling) for Boda is done. I suspect lab work can be processed regardless of Covid 19 - and there will be a reluctance to shut down miners - it would mean RIO, BHP and FMG, to name a few, would also have to stop, in other words the screeching halt of the Aussie economy.
This could be an exciting time for Alk. I have bought a few today.
Good luck to all.
Ann: Operations Update, page-7
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Last
54.5¢ |
Change
0.005(0.93%) |
Mkt cap ! $329.4M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.5¢ | 53.5¢ | $1.028M | 1.885M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2299 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 86424 | 7 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ALK (ASX) Chart |