I'd say they will progress with underground mining no matter what given that gold resource above ground will be depleted by next 12 months. Question is will they be able to manage construction of an underground mine and the DZP plant ? They definetly have the money to do underground mining, but will have to divert funds to other project next year or so. Nothing new really in presentation. The share price has strengthened which is pleasant, but with the times they have stated to construction and production is another 5~6 years!
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ALK
alkane resources limited
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65.0¢

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Last
65.0¢ |
Change
-0.025(3.70%) |
Mkt cap ! $393.6M |
Open | High | Low | Value | Volume |
67.0¢ | 67.0¢ | 64.5¢ | $810.0K | 1.233M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 80538 | 65.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
66.0¢ | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 771 | 0.700 |
3 | 11000 | 0.660 |
4 | 85153 | 0.650 |
6 | 23182 | 0.645 |
11 | 117532 | 0.640 |
Price($) | Vol. | No. |
---|---|---|
0.660 | 8892 | 3 |
0.665 | 2930 | 2 |
0.670 | 9510 | 2 |
0.675 | 4507 | 2 |
0.680 | 34182 | 6 |
Last trade - 16.11pm 17/07/2025 (20 minute delay) ? |
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ALK (ASX) Chart |