ALK 2.60% 39.5¢ alkane resources limited

Technically I was worried about 0.48 and 0.46, which have been...

  1. 1,518 Posts.
    lightbulb Created with Sketch. 186
    Technically I was worried about 0.48 and 0.46, which have been support and resistance for many years. However, it has certainly traded below those levels at times. 0.43 looks like the next major previous low. Anyway, back to the quarterly, they didn't mention the highway relocation at all. It did get a mention in the 5 year plan announcement. What does this give them access to that they don't have already? is it logistics, or orebody under the road?

    Approval was granted for the underground and open cut development of the Roswell and San Antonio
    deposits, including relocation of the Newell Highway in early 2023, with first stope ore subsequently
    produced from Roswell underground in April 2024.


 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.