ALK 1.30% 39.0¢ alkane resources limited

Ann: Significant Expansion to Mineralisation at Boda, page-203

  1. 229 Posts.
    lightbulb Created with Sketch. 153
    I think ALK with boda has put itself back on the lassonde curve just due to the size of it, albeit from a stronger base. Long term this could become a large company which is why I hold it. In my opinion it will track gold sentiment generally but offer good opportunity to accumulate at a good average say around the 50c-80c range over the next 3-5 years if POG stays the same. Obviously will need to adjust based on your macro views on POG. Cadia was discovered by NCM back in 92, although there are many differences it does give an idea of how long the upside takes from an orebody of this size.
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
39.0¢
Change
0.005(1.30%)
Mkt cap ! $232.3M
Open High Low Value Volume
39.0¢ 39.5¢ 39.0¢ $25.13K 64.05K

Buyers (Bids)

No. Vol. Price($)
8 16862 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 16101 6
View Market Depth
Last trade - 10.13am 05/09/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.