MM8's Au/Cu/Ag prospect looks good.
ALK should probably make a move on MM8. The Medallion's RGP deposit is right where ALK's expertise is - perfect match. Also, the ground looks very prospective offering potential for much longer LOM than the PFS shows.
Just don't wait for another high-flying executive to snatch the deal from their hands.
In a depressed market like this, those with money can pull decent m&a deals and ALK does have enough strength in their balance sheet despite the amount of debt they will accumulate over this and probably next quarter.
Ann: Large Cu-Zn-Pb-Ag Targets Confirmed at the Rockley Project, page-21
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Last
41.5¢ |
Change
-0.020(4.60%) |
Mkt cap ! $250.4M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.5¢ | 41.5¢ | $1.975M | 4.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 120993 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 68000 | 2 |
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| ALK (ASX) Chart |