AHK 4.76% 20.0¢ ark mines limited

Ann: Mt. Porter Mining Update, page-39

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 913 Posts.
    lightbulb Created with Sketch. 1
    That could take a long time

    Remember there is a holding cost to having an asset not functioning

    Kirklands are aware of this and they are exploring for other assets every day that plant is inoperative there is a dollar value associated with it, both in lost revenue and equipment up keep, just often maintence costs extrapolate when equipment sits idle as every individual item in the plant is designed to be processing 24/7 once it stops it often becomes very expensive to get it preforming at spec

    Hence kirklands willingness to allow others to utilise their facility, while they have no ore to process it's just smart business

    Ahk going broke will take years they will cr in next 6 months get mining extension the the remaining 4.8ml in finance is open to them again, they can wait the next decade if need be, all the while you have pog bubbling away still in a 7 month uptrend.

    I don't need to explain the global debt time bomb to any here I'm sure
 
watchlist Created with Sketch. Add AHK (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
-0.010(4.76%)
Mkt cap ! $11.08M
Open High Low Value Volume
21.0¢ 21.0¢ 20.0¢ $37.11K 185.4K

Buyers (Bids)

No. Vol. Price($)
1 3909 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 33787 1
View Market Depth
Last trade - 12.32pm 28/10/2024 (20 minute delay) ?
AHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.