ALK 1.09% 46.5¢ alkane resources limited

It doesn’t look too attractive to me unfortunately - capital...

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  1. 1,859 Posts.
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    It doesn’t look too attractive to me unfortunately - capital cost approx the same as NPV at approx $2 billion and this NPV is based on 7% interest rate, is the untaxed NPV and also assumes current AUD Au and Cu prices which are very high compared to historical averages. IMO in its current form the Project is very marginal and I’d be surprised if it was developed in its current form. As others have posted, we need to find some higher grade material to significantly bolster the economics,
 
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Last
46.5¢
Change
0.005(1.09%)
Mkt cap ! $278.1M
Open High Low Value Volume
46.0¢ 47.0¢ 45.0¢ $72.07K 155.9K

Buyers (Bids)

No. Vol. Price($)
7 15897 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 19391 6
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Last trade - 10.39am 11/10/2024 (20 minute delay) ?
ALK (ASX) Chart
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