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4.76%

50.0¢ alkane resources limited

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

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GULSGUD

677 Posts.

4

24/01/18

16:18

Post #: 30537979
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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)

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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

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(20min delay)
Last 50.0¢		Change -0.025(4.76%)		Mkt cap ! $301.7M

Open	High	Low	Value	Volume
52.0¢	52.5¢	49.5¢	$1.113M	2.177M

Buyers (Bids)

No.	Vol.	Price($)
1	78014	50.0¢

Sellers (Offers)

Price($)	Vol.	No.
50.5¢	904	1

View Market Depth

No.	Vol.	Price($)
1	78014	0.500
10	67374	0.495
6	33057	0.490
6	58070	0.485
2	8084	0.480

Price($)	Vol.	No.
0.505	904	1
0.510	11906	1
0.515	88383	3
0.520	17000	2
0.525	63182	4

Last trade - 16.10pm 25/07/2024 (20 minute delay)

ALK (ASX) Chart