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
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($) | Vol. | No. |
---|---|---|
57.5¢ | 15637 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 42865 | 0.570 |
2 | 7040 | 0.565 |
7 | 70802 | 0.560 |
5 | 153310 | 0.555 |
11 | 105629 | 0.550 |
Price($) | Vol. | No. |
---|---|---|
0.575 | 15000 | 1 |
0.580 | 25000 | 1 |
0.585 | 6432 | 2 |
0.590 | 50000 | 2 |
0.595 | 1000 | 1 |
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 ? |
Featured News
ALK (ASX) Chart |