Interesting Quarterly report,
But not in the way you think. It is interesting because the HotCopper community have entirely, totally, 100%, missed the point.
As I write this at 1:30 pm Monday, after the ASX quarterly report we have 28 odd posts. A few make good observations, but most are way off.
Listen guys:
- In Oct 2018, we started an 11,000-meter drill campaign.
- Based on this 11,000 we announced in March 2019 a 50,000-meter new drill campaign. (Yes you read correctly 50,000m). This is a lot, especially for a conservative company like Alkane. I mean a real lot.
- Then this 50,000 was quietly increased a further 10,000 meters to a total of 60,000. (A total of 10,000m has been reported to date out of 60,000).
- NOW we have announced a NEW 50,000 meters going forward. Hence let me do the maths, a total all up of 121,000 meters.
Why oh why would Alkane announce a FURTHER 50,000 meters? Is it perhaps that we have the tiger by the tail?
DYOR.
Not sure who would sell today?
- Forums
- ASX - By Stock
- ALK
- DYOR
DYOR
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALK (ASX) to my watchlist
(20min delay)
|
|||||
Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $269.0M |
Open | High | Low | Value | Volume |
43.0¢ | 46.0¢ | 42.0¢ | $600.8K | 1.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21499 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.5¢ | 70077 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21499 | 0.445 |
2 | 8966 | 0.430 |
2 | 14058 | 0.425 |
6 | 76107 | 0.420 |
3 | 14861 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 68221 | 1 |
0.465 | 26250 | 2 |
0.470 | 80000 | 4 |
0.475 | 75581 | 5 |
0.480 | 74864 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
ALK (ASX) Chart |