Couldn't agree more Spec. The only other high conviction Copper gold play I'm sinking cash into currently is Firefly Metals.
I'm sure SL will be keeping a close eye on it, as from today they are carrying on the Firefly name.
Funnily enough MD Steve Parsons actually asked for Simon's blessing to use the name.
Although I'm disappointed to see todays flat reaction to the improved MRE I strongly believe ALK will have its day in the sun soon enough.
Several larger players will be keeping a close eye on the upcoming Keiser MRE.
Why is ALK SP struggling?
Going over the broker data, Macquarie Insto has recently been selling plenty of shares onto market at an average price of 64c.
It will be interesting to see what happens when this selling pressure finally halts.
Ann: Boda Resource Update Increases Gold and Copper Grades, page-38
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $262.5M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.3¢ | $1.635M | 3.721M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 52884 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 67463 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |