Australia's largest stock trading and investment forum Australia's #1 stock forum

ALK

Click for more information

1.71%

57.5¢ alkane resources limited

They have released a proactive video where nick explains the...

First 37 Last

Share
Profile

Follow
subi1

8,299 Posts.

878

27/02/24

17:50

Post #: 72626204
Share

Originally posted by Joelstar: ↑

You do make a reasonable point.
Perhaps a bullet point explanation would make this information easier to digest.
All the information is in the report but as you say it should be easier to
understand the main drivers for the change between reporting periods in resource reserves.

I should correct my previous post.
The reserve underground tonnage has risen 70% but grade dropped 10% not risen 10%.
I believe this fall is primarily down to accessing the more marginal ore from UG mining methods instead of using open pit extraction.
Underground resource grade is up a healthy 8%.

Expand

They have released a proactive video where nick explains the resource change. Also sounds like they have discovered more high grade Gold heading towards San Antonio.

ALK Price at posting: 48.5¢ Sentiment: Hold Disclosure: Held
15 Upvote

0 Great analysis

Reply

First 37 Last

Add ALK (ASX) to my watchlist

(20min delay)
Last 57.5¢		Change -0.010(1.71%)		Mkt cap ! $346.9M

Open	High	Low	Value	Volume
58.5¢	59.0¢	56.5¢	$1.109M	1.920M

Buyers (Bids)

No.	Vol.	Price($)
2	47384	57.5¢

Sellers (Offers)

Price($)	Vol.	No.
58.5¢	20486	2

View Market Depth

No.	Vol.	Price($)
2	47384	0.575
8	115145	0.570
4	140233	0.565
6	27551	0.560
1	9310	0.555

Price($)	Vol.	No.
0.585	20486	2
0.590	53384	9
0.595	50000	2
0.605	22000	1
0.610	1682	1

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 57.5¢			Change -0.010 ( 2.08 %)
Open	High		Low	Volume
58.5¢	59.0¢		56.5¢	493430
Last updated 15.59pm 03/05/2024 ?

ALK (ASX) Chart