They cannot secure Finance with MOUs and letters of Intent.
It is that simple.
if it was a good deal several companies would be frothing at the bumhole to get at those offtakes.
They get a couple of offtake agreements into the mix i will change my tune. Until then the entire project is completely speculative and gold driven. There are much better gold miners to invest in that will not run out of gold to mine in 12 months .
Or they can spend their 40 million to keep it going for another couple years underground.....But even that is speculative, they have released no real data on that either.
Crickets chirp.......
They cannot secure Finance with MOUs and letters of Intent. It...
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
39.5¢ |
Change
-0.005(1.25%) |
Mkt cap ! $238.3M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.5¢ | 39.5¢ | $158.7K | 398.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 167031 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 12000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| ALK (ASX) Chart |