ALK 2.30% 44.5¢ alkane resources limited

considering falling POG they made right decision. Also, ALK's...

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  1. 8,151 Posts.
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    considering falling POG they made right decision.

    Also, ALK's high AISC from previous quarter dented profits and this sale more than made up for it. If AISC does not improve and it seems they are not pushing higher volumes, profits will be impacted again for this quarter.

    we are lucky AUD is falling fast too so POG in AUD still trades lot higher than it would have if AUD held around 74c.
 
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