ALK 4.26% 49.0¢ alkane resources limited

Ann: Annual Resources and Reserves Statement FY24, page-29

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. 8,284 Posts.
    lightbulb Created with Sketch. 1590
    Simple and clear - spot on.

    "$338 million about in Free Cashflow —in the next 3 years until end June ‘27, is pretty good I think." about right and why I am not too concerned with their level of debt over the next 12 months. The risks are low. Very different if they were mining 1g/t with 1Mt plant and had ~ $130m of debt.

    "ALK should never have got down to this price." - 100% correct. SP should not have fallen below 60c even with the current sentiment.

 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
49.0¢
Change
0.020(4.26%)
Mkt cap ! $296.4M
Open High Low Value Volume
47.5¢ 49.5¢ 47.5¢ $239.5K 493.5K

Buyers (Bids)

No. Vol. Price($)
3 31340 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 2793 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.