hey TnC
U right, with Gandel blocking stake, ALK won't be taken over (unless right price offered)
But there may be no choice but to side with Newcrest if Boda is somewhat of a repeat of Cadia. The reason being that Cadia can only be profitably mined by the block caving method. And as it lays, Newcrest have both the expertise and capital to do this and Alkane unfortunately does not.
Maybe better to join forces and make money then to sit on a resource waiting. JMO
Ann: Resource Definition Drilling Update, page-84
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
43.5¢ |
Change
0.035(8.75%) |
Mkt cap ! $262.5M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 44.5¢ | 39.0¢ | $1.179M | 2.805M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21528 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 19999 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| ALK (ASX) Chart |