Yes I think there's was some thing that the gold would no longer be there to mine as it was depleted. That's why they undertook study to find more and explore underground mining possibility.
If ALK doesn't have cash flow it might be even harder to get finance for DZP, look how hard it is to get finance with revenue coming in.
DYOR
Ann: TGO drilling at depth to inform underground developmentstudy, page-14
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Last
56.5¢ |
Change
0.010(1.80%) |
Mkt cap ! $340.9M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 57.5¢ | 56.0¢ | $184.2K | 325.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 24261 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 8092 | 4 |
View Market Depth
| Last trade - 14.24pm 07/06/2024 (20 minute delay) ? |
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Last
56.5¢ |
Change
0.010 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| 57.0¢ | 57.5¢ | 56.0¢ | 115828 | ||
| Last updated 13.57pm 07/06/2024 ? | |||||
| ALK (ASX) Chart |