Australia's largest stock trading and investment forum Australia's #1 stock forum

ALK

Click for more information

0.97%

51.0¢ alkane resources limited

I am once again impressed by our Quarterly Activities Report....

First 11 Last

Share
Profile

Follow
GULSGUD

677 Posts.

4

24/01/18

16:18

Post #: 30537979
Share

Originally posted by FGB ↑

Quite a bit to unpack here:
Tomingley
Yes it will likely shut down around July-Aug, the new sources will not come on fast enough.
Production over the last six mths is impressive, while better head grade and lower strip ratio helps, they cut production costs nicely as they tried to squeeze more cash out of the hole. Well done management.

DP
Still there and still undervalued. Most of the prep work done, and no debt build up doing it.
Finding it hard to find a dance partner?? Hardly surprising, may even be influence from incumbent players (warning people off). The cash required is not enormous, so it only take one solid investor to give the nod and we are away.
Yes it is disappointing that we are not already digging into that mound of goodies and finding places to stash the cash, but it will come.

My call is HOLD (unless you have a little lazy billion $$ under the bed, in which case the phone number is at the bottom of the report)

Expand

I am once again impressed by our Quarterly Activities Report.
There are lots of ways we tend to read between the lines.
Eg, this is my take on our QAR.
TGO open pit stops then DP open pit starts.
Jusfinkin positively

ALK Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

KGL

KGL sniffs 19% Cu from drilling at Rockface play in NT

Climate change to drive market trends to the moon

TVN

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

RHI

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

There are more pages in this discussion • 7 more messages in this thread...

First 11 Last

Add ALK (ASX) to my watchlist

(20min delay)
Last 51.0¢		Change -0.005(0.97%)		Mkt cap ! $304.7M

Open	High	Low	Value	Volume
51.5¢	51.5¢	50.0¢	$365.0K	721.5K

Buyers (Bids)

No.	Vol.	Price($)
4	68804	51.0¢

Sellers (Offers)

Price($)	Vol.	No.
51.5¢	101172	13

View Market Depth

No.	Vol.	Price($)
4	72228	0.510
6	94899	0.505
11	227056	0.500
4	185607	0.495
8	47596	0.490

Price($)	Vol.	No.
0.515	101174	13
0.520	34801	3
0.525	8592	1
0.530	53693	3
0.535	22178	5

Last trade - 15.03pm 05/07/2024 (20 minute delay)

ALK (ASX) Chart