Yeah, but if you read the quarterly / the reports, you'll see that will be mostly for more drilling, too (e.g. to increase the resources / reserve at the DZP). My point is: they are planning on getting the Tomingley financing finally signed this year or early next year. Then they don't need other cash. In the unlikely event that this should be delayed for more than a quarter, they can just stop drilling (as there is no real need to do that now) and live of the remainder of their cash for quite a while.
Ann: Quarterly Cashflow Report , page-6
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $284.3M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 46.8¢ | $521.4K | 1.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4298 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 15475 | 2 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| ALK (ASX) Chart |