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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57.0¢ |
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0.035(6.54%) |
Mkt cap ! $343.9M |
Open | High | Low | Value | Volume |
53.5¢ | 57.0¢ | 53.0¢ | $1.243M | 2.231M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1869 | 53.5¢ |
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Price($) | Vol. | No. |
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57.0¢ | 30258 | 1 |
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No. | Vol. | Price($) |
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1 | 1869 | 0.535 |
2 | 68144 | 0.530 |
1 | 20000 | 0.525 |
4 | 21700 | 0.520 |
2 | 13988 | 0.515 |
Price($) | Vol. | No. |
---|---|---|
0.575 | 126004 | 2 |
0.580 | 25037 | 3 |
0.585 | 1688 | 1 |
0.590 | 43662 | 5 |
0.600 | 6896 | 1 |
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