Definately not getting built as is. Don't think many investors expect that, nor are pricing that in at all. ALK has, and always will be a speculation that they will find the equivalent of another Cadia (high grade pockets within or beside extensive disseminated porphry mineralisation)
https://portergeo.com.au/database/mineinfo.asp?mineid=mn228
Boda is on strike after all "Lithogeochemistry and age-dating place Boda in Late Ordovician – Early Silurian shoshonitic volcanic - intrusive event (443 – 436Ma) of the Molong Volcanic Belt that hosts the giant Cadia deposit." (Boda presentation Nov 2023)
Driel Creek intrusive for instance looks to be double the size of Boda, with initial results proving promising. It only takes one high grade shoot less than 500m below surface and the economics get blown out of the water. All IMO GL
Definately not getting built as is. Don't think many investors...
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Last
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $265.5M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.0¢ | 44.0¢ | $2.169M | 4.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 62348 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 141846 | 3 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| ALK (ASX) Chart |