ALK 2.56% 57.0¢ alkane resources limited

Boda as a whole is obviously very exciting, but this is the best...

  1. 1,089 Posts.
    lightbulb Created with Sketch. 75
    Boda as a whole is obviously very exciting, but this is the best part of the announcement for me

    Quote from NE

    “When ground conditions improve, we are looking to mobilize additional drill capacity to allow
    evaluation of regional targets to occur in parallel to currently planned drilling through 2023.”

    FINALLY, i really think Alkane have already had serious discussions with a partner/investor for Boda and their other tenements.

    All of a sudden, with energy, we have NE talking about additional drill rigs, drilling regional targets in parallel with their already planned drilling for next year, overseas investments/joint ventures, overseas travels, off takes etc. etc.

    Whether this has been forced upon Alkane or not, due to shareholders lack of patience, the next year or two will be very exciting and should soon be reflected in the SP!

    Alkane have probably had no choice but to accelerate their plans, ultimately, they will have to cap raise at some point for Boda and they need to get the share price moving North to get the best deal possible!


 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
57.0¢
Change
-0.015(2.56%)
Mkt cap ! $343.9M
Open High Low Value Volume
57.0¢ 58.5¢ 56.3¢ $496.6K 868.2K

Buyers (Bids)

No. Vol. Price($)
9 94419 57.0¢
 

Sellers (Offers)

Price($) Vol. No.
57.5¢ 15637 2
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
57.0¢
  Change
-0.015 ( 3.19 %)
Open High Low Volume
57.0¢ 58.0¢ 56.5¢ 163696
Last updated 15.59pm 24/05/2024 ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.