ALK 0.79% 63.0¢ alkane resources limited

Rare Earth plan to be unveiled in the USA today, page-58

  1. 569 Posts.
    lightbulb Created with Sketch. 270
    Hope you are correct but the release only says, "Underground development is on schedule, and recovery and delivery of ore to the plant ROM has commenced."

    ROM is defined as "Run of Mine (ROM) – Run of Mine (ROM) – ore that’s mined and ready to go to the processing plant."

    Either way it is not far off processing. I expect better than announced results as processing starts due to the conservative estimation by the BOD, The open cut estimates were lower than the actual results once mining and processing started.This is a company that under promises and over delivers.

    Lots of activity before the end of the year,
    • first the quarterly,
    • the details of the program for Boda follow up will be outlined
    • maybe a follow up on the testing of the refractory Peak Hill ore
    • an update on the Zircon Tech program in S Korea
    • The AGM in late November
    • The Annual report update
    • Further drilling results for South Tomingley
    • The initial resource estimation rather than target based on the current drilling for South Tomingley.
    • I also expect some updates to broker reports, none have yet covered the Boda discovery
    Last edited by RabbitTrap: 23/09/19
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
63.0¢
Change
-0.005(0.79%)
Mkt cap ! $380.1M
Open High Low Value Volume
64.0¢ 64.5¢ 62.0¢ $627.4K 988.4K

Buyers (Bids)

No. Vol. Price($)
1 800 62.5¢
 

Sellers (Offers)

Price($) Vol. No.
63.0¢ 82304 6
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
62.0¢
  Change
-0.005 ( 1.98 %)
Open High Low Volume
64.0¢ 64.5¢ 62.0¢ 216826
Last updated 15.59pm 21/05/2024 ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.