I think they are looking at targeting the high grades with open pits to get faster pay-off and then focus on the lower grades. Once the plant is paid-off they can mine at higher costs for longer and have 2 operations.
Enough profit to fund multiple projects and small divi.
Plus there is always a chance to discover few more high grade zones that can push the grades higher.
It's not bad approach - if they go down that path.
- Forums
- ASX - By Stock
- ALK
- Ann: Kaiser Infill Drilling Results
Ann: Kaiser Infill Drilling Results, page-54
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALK (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $307.7M |
Open | High | Low | Value | Volume |
50.0¢ | 51.0¢ | 49.5¢ | $373.5K | 745.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 22934 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 42493 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 20429 | 0.495 |
11 | 78105 | 0.490 |
6 | 76671 | 0.485 |
9 | 285797 | 0.480 |
4 | 107681 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 42583 | 12 |
0.505 | 11967 | 3 |
0.510 | 16901 | 3 |
0.515 | 9558 | 2 |
0.525 | 1466 | 1 |
Last trade - 15.58pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
50.0¢ |
  |
Change
0.000 ( 1.24 %) |
|||
Open | High | Low | Volume | ||
50.5¢ | 51.0¢ | 49.5¢ | 198276 | ||
Last updated 15.59pm 17/06/2024 ? |
Featured News
ALK (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online