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54.5¢ alkane resources limited

Ann: Boda Resource Update Increases Gold and Copper Grades, page-100

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Dublin11

378 Posts.

27

19/12/23

18:56

Post #: 71533940
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Originally posted by Jacko22: ↑

I can't answer for the mkt. That will eventually take care of itself.

Drilling out Boda is a mill stone at the moment, because most investors (and you can read any gold explorer HC threads) love high grade, but being self funded will be a benefit in the long run. So, if the SP bothers you now after what the mkt has been through these past 12-18 mths (esp. for small caps) then being in a developing business may not be in your best interests? And don't take from that stmt that I'm suggesting you sell out, far from it. From where I'm sitting, I don't lose any sleep at night that I might lose my investment here (which is a rarity in the small caps space), I'm actually as confident as I can be that the business is heading in the right direction.

My take on our biggest problem at the moment is having a chairman with an inordinate amount of control over the coy, and very little respect for fellow SH's.

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I agree about the chairman ,and the SP has never fully recovered from his selling from July 22 - Dec 22.

ALK Price at posting: 66.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 54.5¢		Change 0.005(0.93%)		Mkt cap ! $329.4M

Open	High	Low	Value	Volume
55.0¢	55.5¢	53.5¢	$1.028M	1.885M

Buyers (Bids)

No.	Vol.	Price($)
1	2299	54.5¢

Sellers (Offers)

Price($)	Vol.	No.
55.0¢	86424	7

View Market Depth

No.	Vol.	Price($)
1	1851	0.540
3	7605	0.530
5	41750	0.520
1	19568	0.510
5	110000	0.500

Price($)	Vol.	No.
0.550	71424	5
0.555	9400	2
0.560	26914	4
0.565	100535	5
0.570	117000	3

Last trade - 16.10pm 18/10/2024 (20 minute delay)

ALK (ASX) Chart