ALK 2.50% 58.5¢ alkane resources limited

New Tomingley Newsletter, page-5

  1. 569 Posts.
    lightbulb Created with Sketch. 270
    https://www.alkane.com.au/wp-content/uploads/2022/12/TGO_newsletter_issue29_DEC2022_DIGITAL.pdf

    Drive is very close to SAR now

    https://hotcopper.com.au/data/attachments/4921/4921269-86c0b8628730cf34973a47005dfd685c.jpg
    They are still hopeful of receiving approval for the SAR development soon

    https://hotcopper.com.au/data/attachments/4921/4921272-56e77bd6d1d98ad293609e7801ffd0c5.jpg
    More exploration planned some from the drive

    https://hotcopper.com.au/data/attachments/4921/4921281-2902a1398aaa699d982be1f3435e66b2.jpg

    I will be honest I do not understand why the price is so low, the company keeps on making profits, continues to fund successful exploration and has a large cash/investment reserve.

    Still buying as I do not see why it is being marked down. It is a screaming buy for me unless I am missing something, IMHO. Time will tell if I am correct.
    Last edited by RabbitTrap: 19/12/22
 
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