ALK 1.77% 55.5¢ alkane resources limited

if copper keep going like this and tops $5 lot of people will...

  1. 7,543 Posts.
    lightbulb Created with Sketch. 1423
    if copper keep going like this and tops $5 lot of people will start paying attention to ALK. Cadia is about 80% Au and 20% Cu (roughly) and Northparks is about 80% Cu and 20% gold (again very rough) while NMPP is about 60% Au and 40% Cu which is probably best balance as it allows to gain in value from either.
    Gold made massive gains and NMPP should rise in value because of that. Now Copper is doing same while gold keeps the highs. Cadia won't be benefiting too much from the Cu gains where Northparks won't be benefitting too much from gold price gains. NMPP gains from both as it contains decent % of each.
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
55.5¢
Change
-0.010(1.77%)
Mkt cap ! $334.9M
Open High Low Value Volume
56.5¢ 57.0¢ 55.5¢ $287.7K 514.6K

Buyers (Bids)

No. Vol. Price($)
19 155966 55.0¢
 

Sellers (Offers)

Price($) Vol. No.
56.0¢ 54247 7
View Market Depth
Last trade - 10.53am 30/05/2024 (20 minute delay) ?
Last
55.5¢
  Change
-0.010 ( 2.63 %)
Open High Low Volume
57.0¢ 57.0¢ 55.5¢ 49202
Last updated 11.09am 30/05/2024 ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.