ALK 3.26% 47.5¢ alkane resources limited

Ann: Initial San Antonio Inferred Resource, page-43

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  1. 1,403 Posts.
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    Happily ..I've told my kids and grandkids , that's the dream and objective ..dividends !
    Sadly ...at my ripe old age ....too much demand on capital expenditure , on multiple fronts , to see a divvy return !
    Wisely spent capital , and the resulting share price appreciation , will compensate admirably .
    Drilling ...project advancement , plant upgrade .., Newell highway relocation ...ASM spin -off incl.cash ALL add up to significant expenditure ....but compensated by cash flow from Tomingley Underground and building from increased Roswell /San Antonio substantial and growing resource .
    Chicken = the resource build -up and production .
    Egg = the dividends ....
    When the Chicken starts the Egg production ...might be some time off , but that remains the ultimate rationale for investing .
    But in the meantime ...build/build/build that resource base , on three fronts .
    JMHO
 
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Last
47.5¢
Change
0.015(3.26%)
Mkt cap ! $287.1M
Open High Low Value Volume
46.0¢ 48.0¢ 45.0¢ $409.7K 873.8K

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No. Vol. Price($)
1 872 46.5¢
 

Sellers (Offers)

Price($) Vol. No.
47.5¢ 115327 5
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