ALK 0.99% 50.0¢ alkane resources limited

By other research, Industry outlook,Post the de-merger of ASM,...

  1. 47 Posts.
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    By other research, Industry outlook,
    Post the de-merger of ASM, our most recent valuation of Alkane attributes 21c/share in value to Tomingley plus net cash (A$33.1m as at end-Q121). To this should then be added 29c for its investments and at least 5c for its maiden Roswell and San Antonio resources and up to a further 70c in value from contingent assets (mostly the Boda prospect in the Northern Molong Porphyry Project which is developing into a genuine Au-Cu alkalic porphyry target), the ultimate valuation of which will depend on future exploration success.

    Now changed, not in this condition of ALK
    Cash, bullion and listed investments position totalled A$92.0M.
    Increased resources of Rosewell, San Antonio(will be increased)
    Shareholding remained at 12.7% Calidus Resources Ltd (ASX: CAI),19.9% GMD.

    Except for BODA, the cost price of ALK stocks starts at least 1.03 dollars.

    Fingers crossed!!!.
 
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Last
50.0¢
Change
-0.005(0.99%)
Mkt cap ! $303.2M
Open High Low Value Volume
51.5¢ 51.5¢ 48.0¢ $901.9K 1.814M

Buyers (Bids)

No. Vol. Price($)
23 208217 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.5¢ 12211 11
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Last trade - 14.53pm 28/06/2024 (20 minute delay) ?
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