Some excellent posts today ( on the positive side for a change ) ..and Jacko 22 has done well with his contributions .
Add to that ( or broadening it ) ...that the Exploration team ( Ian Chalmers )/Operation team ( Nic earner ) ..have ensured that :
* Tomingley now has a 10 year extension Mine life ..at 80k oz growing to 100k oz pa , at likely at higher grade than Wyoming / Caloma ..and within 3-5 kms of the existing plant and infrastructure
* The combined team have "cherry picked " other near by targets ( Allendale , Glen Isla , the ex Sandfire tenements ..haven't time to go back and check names/spelling !) , but suffice to say they are within quite close proximity/trucking distance ) . I warrant that NO ONE knows this ground , better than Ian Chalmers from a geology perspective . Perhaps other tenements come up in the future from cash constrained companies ..and maybe some others have been offered before , but the cost on the Balance Sheet / Dilution factor , did not warrant the risk V reward !
* ALK , with a Boda / Kaiser TIER 1 gold /copper Resource on scale ( indicated and inferred ) coming up in the 1st Qtr 2024 --has a tangible negotiating position , for interested parties ..ON ALK'S TERMS , not in any way , as a "stressed seller " !!!! Come and deal if you want to ..go away if you want unrealistic terms .
* There is "time "to test these regional targets ..systematically and methodically . In fact ..this is ALKANE MARK 2 in effect ! The "inhibiting factor "( for me personally , is that at my age , I would like to see further successes in 2024 in exploration ..whereas the Chairman / Major Shareholder , has time and a family dynasty on his side . That said ..the drill bit , plus Merger and Acquisition /JV's can both create significant increases in value ..suddenly and unexpectedly ..which are too good to be refused .!
You have to have "created value "--to expect further value ...that , to me ( apart from on the share price as yet _ ..is what ALK has done in 2022/2023 ..and in spades >
AIMHO
- Forums
- ASX - By Stock
- Ann: Boda Resource Update Increases Gold and Copper Grades
Some excellent posts today ( on the positive side for a change )...
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALK (ASX) to my watchlist
(20min delay)
|
|||||
Last
44.5¢ |
Change
0.015(3.49%) |
Mkt cap ! $269.0M |
Open | High | Low | Value | Volume |
43.0¢ | 46.0¢ | 43.0¢ | $684.0K | 1.529M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 100491 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.5¢ | 75636 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.440 |
1 | 100000 | 0.430 |
1 | 2353 | 0.425 |
3 | 15362 | 0.420 |
5 | 33140 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 75636 | 2 |
0.460 | 57000 | 2 |
0.465 | 40629 | 5 |
0.470 | 28250 | 3 |
0.475 | 24300 | 3 |
Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
Featured News
ALK (ASX) Chart |