ALK 0.00% 48.5¢ alkane resources limited

Interested in thoughts on Edison's valuation summary...Our most...

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    Interested in thoughts on Edison's valuation summary...

    Our most recent valuation of Alkane attributed 33c/share in value to Tomingley plus net cash. To this could then be added 1) 6c for the eventual development of the Roswell underground extension, 2) 16c given the then level of the gold price (US$1,818/oz), 3) 4c for residual resources, 4) 3c for ongoing exploration success, 5) 15c for ALK’s investments in Calidus and Genesis (albeit it has now sold 63% of its Genesis stake) and 6) up to 79c for exploration at Boda (where ongoing drilling is defining and high grade zone and where Alkane is aiming to delineate a maiden resource in Q1/Q2 CY22).
 
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48.5¢
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Mkt cap ! $295.7M
Open High Low Value Volume
48.5¢ 50.0¢ 48.0¢ $416.9K 856.0K

Buyers (Bids)

No. Vol. Price($)
4 133895 48.0¢
 

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Price($) Vol. No.
49.5¢ 50000 1
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Last trade - 16.10pm 02/07/2024 (20 minute delay) ?
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