ALK 0.00% 47.0¢ alkane resources limited

A rarity I suspect, a company which can say, right now, it will...

  1. 1,625 Posts.
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    A rarity I suspect, a company which can say, right now, it will exceed its minimum guidance. Better still when there is a solid market for its product.

    More so when it has $90 mil essentially in liquid form. Take away sum that and it means Alk is currently valued at about $270m. Bargain IMO.

    I see we will have San Antonio pre-Easter, so pre 12 April 2020, and all of the hard work (drilling) for Boda is done. I suspect lab work can be processed regardless of Covid 19 - and there will be a reluctance to shut down miners - it would mean RIO, BHP and FMG, to name a few, would also have to stop, in other words the screeching halt of the Aussie economy.

    This could be an exciting time for Alk. I have bought a few today.

    Good luck to all.


    Last edited by james99: 30/03/20
 
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