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.
I think they are looking at targeting the high grades with open...
-
- 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)
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
43.5¢ |
Change
0.005(1.16%) |
Mkt cap ! $262.9M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.0¢ | 42.5¢ | $229.1K | 532.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 81951 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 611 | 1 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| ALK (ASX) Chart |