Not my cup of tea.
Very high leverage to the Cu and Au price but too little margin for error.
I would expect ti to improve a little with drilling to get it to PFS level at which point a better determination re metal price outlook can be made.
I suspect the mine they gave away/sold McPhillamys is better. Their PFS may come out this year and will be more sound with the metal prices in comparison.
All IMVHO.
Ann: Boda-Kaiser Scoping Study, page-41
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.3¢ |
Change
-0.018(3.98%) |
Mkt cap ! $256.4M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.8¢ | 42.0¢ | $961.4K | 2.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 298255 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 54519 | 9 |
View Market Depth
| Last trade - 10.49am 02/08/2024 (20 minute delay) ? |
| ALK (ASX) Chart |