ALK 2.20% 44.5¢ alkane resources limited

I have been communicating with someone from ALK over the last...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 8,160 Posts.
    lightbulb Created with Sketch. 1572
    I have been communicating with someone from ALK over the last few hours and here is what I am happy to share. I can't share everything as it's not going to be fair at this point.


    ALK still does not have highway estimates and without this they can't update much. I pushed really hard why the MD can't communicate this message clear to the market.
    It seems (they have not admitted openly but seems that way) inflation have impacted capex but it looks like they have messed up with some costings - my conclusion.

    But the main point is ALK does not have highway estimates.


    also:

    If I remember right, when the CFO was p[resenting he was still of the view they will relocate the highway and mine all the pits as per original plan.


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