ALK 3.09% 47.0¢ alkane resources limited

Ann: Full Year Statutory Accounts, page-19

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  1. 5,270 Posts.
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    The forward estimate for 2019 gold production is half of 2018.
    They will need to spend money on underground development and exploration.
    They have indicated they may be willing to spend $30 million on a JV or takeover of another small Australian gold company developer or producer.
    I hope there is a bounce in share price here.
    I cannot see the same profits being achieved in 2019, possibly half though, but there may be some good developments with regard to exploration, underground work, and JV possibilities.
    I've written off the DZP.
    Gw
 
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Last
47.0¢
Change
-0.015(3.09%)
Mkt cap ! $284.3M
Open High Low Value Volume
48.5¢ 49.5¢ 46.8¢ $521.4K 1.094M

Buyers (Bids)

No. Vol. Price($)
2 4298 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 15475 2
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