same for Armstrong - results in and evaluating.
Difference between collated and evaluating - Collated sounds like they have something to say while evaluating could be not much in there but not completely written off as there are enough sings to point of presence of orebody nearby but not sure if worth testing.
Mt Conqueror could be the give-away sign though. I can think of two reasons why it is placed on hold:
1. Access issues.
2. ALK has seen enough evidence in other projects to warrant follow up drilling there so money need to be saved for those activities.
If it's the former then nothing to be excited about but if it's the later, then we are in good position.
It seems ALK may release exploration report on all NMPP areas as one summary as Nic said in the next month or 2 months to put summary.. Meaning they will wait on Boda2/3 results. For them to wait on the very last results would mean one thing - visuals from Boda2/3 made sure it is worth the wait - I hope.
They also have costings for the plants at NMPP but don't have the mine plans etc.. so the recent support does not seem to be related to the SS.
This leads me to believe recent buying is related to exploration results.
And good to see Nic delivered decent presentation which is major improvement when compared to his last ~10.
all my own views and speculations as with any other posts..
- Forums
- ASX - By Stock
- Ann: RIU Sydney Resources Round-Up
same for Armstrong - results in and evaluating. Difference...
-
-
- There are more pages in this discussion • 5 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
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
Add ALK (ASX) to my watchlist
|
|||||
Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $289.6M |
Open | High | Low | Value | Volume |
48.5¢ | 48.8¢ | 47.5¢ | $212.9K | 444.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 35287 | 47.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.5¢ | 13700 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 58587 | 0.475 |
12 | 80220 | 0.470 |
6 | 63591 | 0.465 |
12 | 155919 | 0.460 |
2 | 20850 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 12350 | 2 |
0.490 | 6264 | 1 |
0.495 | 13448 | 4 |
0.500 | 59924 | 8 |
0.505 | 217824 | 6 |
Last trade - 10.29am 29/07/2024 (20 minute delay) ? |
Featured News
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
ALK (ASX) Chart |