ALK 4.00% 48.0¢ alkane resources limited

company insight explains impressive financials, page-5

  1. 1,239 Posts.
    "I'm back in at an unhyped price. "

    Unhyped ?? Are you kidding??? Using extremly conservative numbers, the DFS gives us a NPV of $1.2 billion. That should translate to a SP of $4,5 (not counting our gold projects).
    A share price of $2 would mean Mr. Market is discounting a less than 50% likelyhood of the 1 MTPA project to be realised. At $1, it's less than a 25% chance.

    Gosh, our niobium alone is worth a pultiple of the current SP ( http://www.alkane.com.au/reports/broker-media/brokers/20110901.pdf ). And he says "unhyped" ...
 
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50.0¢ 50.8¢ 47.5¢ $1.265M 2.583M

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5 33546 47.5¢
 

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Price($) Vol. No.
48.0¢ 1321 1
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