Certainly not disappointed. Boda is a real winner. This announcment underscores this.
I think Alk does not sell the story well. It takes a fair bit of picking though announcements over time, and understanding of porphyry copper–gold deposits and their nature (large volume low grade precipitation formations), and the scale of this on the global stage, to truely understand what a winner this is.
If it were properly explained the price would be much higher - well over $1 IMO - and we would have more instituional investors.
As it is, I think we will end up with a trading halt and JV offer at some random point in the short to medium term, at which many in the market will be surprised by the value. Both lead to the same positive otucome for shareholders. The former is a more settled ride for shareholder, the latter more ecxiting if holding when it happens.
GLTA.
Certainly not disappointed. Boda is a real winner. This...
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Last
56.0¢ |
Change
-0.005(0.88%) |
Mkt cap ! $334.9M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.0¢ | 55.5¢ | $329.8K | 590.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 54615 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 52279 | 9 |
View Market Depth
| Last trade - 12.34pm 30/05/2024 (20 minute delay) ? |
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Last
55.5¢ |
Change
-0.005 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| 57.0¢ | 57.0¢ | 55.5¢ | 63018 | ||
| Last updated 12.43pm 30/05/2024 ? | |||||
| ALK (ASX) Chart |