ALK 5.21% 45.5¢ alkane resources limited

Ann: Trading Halt, page-123

  1. 367 Posts.
    lightbulb Created with Sketch. 86


    From Barry FitzGerald long- respected Mining journo......

    Alkane did not go into a trading halt because it was about to report dud results from the third hole at Boda. If anything, followers of the stock are expecting more Cadia-type results, as well as hoping for a thick high-grade section to really get the blood coursing.It is also worth mentioning that Alkane is a gold producer at its Tomingley mine 50km south-west of Dubbo in NSW where regional exploration results have also impressed recently. It also owns the shovel-ready Dubbo zirconium/rare earths project which comes for nothing in the group’s current market cap.


 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.