ALK 0.98% 51.5¢ alkane resources limited

Ann: Quarterly Activities Report - September 2016-ALK.AX, page-3

  1. 1,479 Posts.
    Oversold !!!! We may have to open up the other pit to the North.
    The gold business was always going to look bad this quater and I was expecting this type of result. Those pictures just don't do enough justice of how much rain we have had up here.
    Looking at the hedging it seems that have used alot of the lower hedging in the sales price. If your going to have a bad Q in a division it makes sense.

    It's all about the DZP from here on and the Gold business will do okay as we move into the dryer seasons.
 
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