ALK 0.89% 55.5¢ alkane resources limited

Ann: Roswell and San Antonio Resource Definition Drilling Update, page-39

  1. 1,394 Posts.
    lightbulb Created with Sketch. 1034
    Yours was a good call on the 9th April ,dman0 , on the share price action leading into this week ...and your latest post today assumes the continuation of the positive price action we are all expecting .
    Not sure what "content"we will get , when the initial target Resource for San Antonio is released ie whether its that alone , or an updated Resource Inferred for Roswell as well , and maybe even some early holes for El Paso ?
    Given the initial target for Roswell was 445,000 oz released on the 28th Jan , when just over 34000 m of the initial 60000 m was conducted , we might get an update on that ( based on the "spectacular"intercept at Roswell announced on the 9th March ), as well as San Antonio ( where the target resource is considerably broader ) ...so combined , 1 Mill OZ inferred target seems to be the bare minimum .
    Likely thats built into the price already ---but its the drill results that set out the grade/width intercepts that continue to be the "surprise"element as the updates are released .
    I assume we will get that soon ...and then , if the hole 008 Boda results are again significant , another Trading Halt comes before these are released . On the Release of Hole 009 thereafter , we will probably get the outline of the Boda drilling going forward ...maybe even some 3D conceptual illustrations of what the 5 hole initial Boda drill programme has demonstrated .
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
55.5¢
Change
-0.005(0.89%)
Mkt cap ! $334.9M
Open High Low Value Volume
56.5¢ 57.0¢ 55.0¢ $235.0K 421.2K

Buyers (Bids)

No. Vol. Price($)
8 243619 55.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.5¢ 5858 1
View Market Depth
Last trade - 16.10pm 03/06/2024 (20 minute delay) ?
Last
55.5¢
  Change
-0.005 ( 2.19 %)
Open High Low Volume
57.5¢ 57.5¢ 55.0¢ 188966
Last updated 15.57pm 03/06/2024 ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.