ALK 6.54% 57.0¢ alkane resources limited

As this 2022 year ends , it would not be hard to construct a...

  1. 1,395 Posts.
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    As this 2022 year ends , it would not be hard to construct a post , that would get one banned for life ..as regards the corporate actions that have occurred and that have dominated recent lines of postings !
    So ...as regards the progress and activities of ALK in mining and cash management at Tomingley , the exploration /underground drive/ venting for the Tomingley Extension , and the ongoing exploration and initial Inferred Resource at Boda , congratulations to Nic Earner and Ian Chalmers and the team of miners and Geologists , for your achievements . We are likely to see more of those excellent results in the upcoming Quarterly/ Half Yearly results , and the initial Inferred Shallow Resource at Kaiser . Both Nic and Ian are in the top 20 shareholders of ALK ...and the undue "pressure" on the Share Registry has the same distastes to them , as it does to other longstanding investors !
    The Floods in the immediate area of Dubbo and NSW in general , have no doubt made the NSW Dept of Planning "cautious to the extreme" in issuing the TOMINGLEY extension licence , and absolving their liability ( ie covering their backsides) to the maximum extent .Despite all endeavours by ALK Senior Management to expedite responses and meet every requirement posed ( with common sense and with appropriate technical and financial applications) , it didn't quite get over the line at year end . Something to expect in early 2023 .
    As is the "commitment"to more exploration drilling from underground at Tomingley ( Macleans and towards Roswell ) , and the expanded drilling on targets in the wider Boda region . Better seeing money spent that way in accelerating the FUNDAMENTAL VALUE of ALK .
    The need for performance in Operating Results and Exploration ..is more urgent than ever , to take the current distraction out of the Share Registry movements .
    If it is glaringly obvious to you and I that a 54c ps has ALK ludicrously undervalued( dirt cheap) ...MEANING THAT IF WE SEE IT , smart BOARDS and INSTITUTIONS will have had their interests immediately sharpened ! So ...memo to particular people ......actions can bring about unintended consequences .
    Thanks to all the contributions of constructive posters in 2022 , and that we enjoy a safe , happier and more prosperous 2023 . Lets hope some fundamental common sense and lessons in self destruction are not repeated !
    JMHO ..each to their own in determining whether and when , selling or buying is in an individuals'best interests .
 
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Last
57.0¢
Change
0.035(6.54%)
Mkt cap ! $343.9M
Open High Low Value Volume
53.5¢ 57.0¢ 53.0¢ $1.243M 2.231M

Buyers (Bids)

No. Vol. Price($)
1 1869 53.5¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 30258 1
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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