ALK 0.90% 56.0¢ alkane resources limited

Ann: Quarterly Activities Report, page-56

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    because is not going to debt free soon. if I understood right they will start drawing on the debt facility this and next quarter but get back in generating savings by Dec or the following quarter.


    also last Q production missed the target by significant margin but ALK are still on target to hit their yearly forecast due to under-forecasting. ALK themselves admitted the recovery rates were about 30-40% lower than they expected - for the last Q.
    2 of the only 3 in red have something in common, I just can't put my finger on what that is.

    https://hotcopper.com.au/data/attachments/6142/6142634-5c6d16c98ffa898574819ee5a4563b68.jpg

 
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