"I'm back in at an unhyped price. "
Unhyped ?? Are you kidding??? Using extremly conservative numbers, the DFS gives us a NPV of $1.2 billion. That should translate to a SP of $4,5 (not counting our gold projects).
A share price of $2 would mean Mr. Market is discounting a less than 50% likelyhood of the 1 MTPA project to be realised. At $1, it's less than a 25% chance.
Gosh, our niobium alone is worth a pultiple of the current SP ( http://www.alkane.com.au/reports/broker-media/brokers/20110901.pdf ). And he says "unhyped" ...
company insight explains impressive financials, page-5
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Last
51.0¢ |
Change
-0.005(0.97%) |
Mkt cap ! $307.7M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 50.0¢ | $494.1K | 974.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 151980 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 89262 | 5 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |