And as Nic mentioned in his interview following the 5 yr Tommie plan, where it was clearly mentioned that the uptick in production was from Roswell underground and open pits, that SA was next in line (but no need to bang on about it in a 5 yr plan). They have communicated a number of times in the past that they know a fair bit about the underground resource at SA (not just the reserve!). He also mentioned the ongoing drilling from the access drive, which again, was a well thought out, managed process to enable less expensive drilling to be undertaken on deeper exploration targets. Big tick.
Sounds like a competent, business first approach to reach the 100Koz production run rate. And that's what insto investment will be looking for, a 100Koz production. Anything lower than that and they're not interested.
And they look like they'll complete those tasks, without needing to ask SH's to tip in. Another big tick, unlike many other similar sized goldies that have billions of SOI, which would happen if they took the route of flip flopping between targets!
- Forums
- ASX - By Stock
- ALK
- Ann: Resources Rising Stars Gold Coast Investor Conference
Ann: Resources Rising Stars Gold Coast Investor Conference, page-93
-
- There are more pages in this discussion • 144 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALK (ASX) to my watchlist
(20min delay)
|
|||||
Last
54.5¢ |
Change
0.005(0.93%) |
Mkt cap ! $329.4M |
Open | High | Low | Value | Volume |
55.0¢ | 55.5¢ | 53.5¢ | $1.028M | 1.885M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2299 | 54.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.0¢ | 86424 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1851 | 0.540 |
3 | 7605 | 0.530 |
5 | 41750 | 0.520 |
1 | 19568 | 0.510 |
5 | 110000 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.550 | 71424 | 5 |
0.555 | 9400 | 2 |
0.560 | 26914 | 4 |
0.565 | 100535 | 5 |
0.570 | 117000 | 3 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
ALK (ASX) Chart |