ALK 0.00% 51.5¢ alkane resources limited

It's been the same question again and again. I don't know. We...

  1. 841 Posts.
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    It's been the same question again and again. I don't know. We all agree the value of the gold deposits and ongoing cash profits makes a mockery of the current SP and MC. So clearly there is an issue with the market's perception of the DZP and REE. But the free cashflow with no debt puts ALK in the best position for financing the DZP so a sale of either Gold or REE projects would be interesting, but I don't think beneficial.

    It is what it is. A lot of us are riding on the financing of the DZP as we feel this is the catalyst for a re-rate. Until then its uncertain. We get the risks, the state of the REE markets, the tricky financing. I have averaged down to the point I'm well into profit so very content to ride this one out.

    You either believe in the story or not, currently the markets seems to not believe it. All ords up, gold up, ALK down. If only I had more cash to buy more.
 
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