ALK 2.73% 53.5¢ alkane resources limited

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  1. 1,396 Posts.
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    Your post of the 1st June , Nikolai ....displayed wisdom and , more to the point .....suggested and recommended patience !
    Good work ..stick to this thesis !
    Thanks to Ian Chalmers --we have Tomingley operating , we have Toongi dicovered and blossoming under ASM , we have McPhillamy's discovered and sold ( to get Tomingley operational ) , we have SAR , discovered and near term a 100, 000 OZ 10 year mine extension of Tomingley ...and we have BODA 1,2 and 3 ...and Kaiser ...and surrounds !
    ALK has an "A "team of Geologists and consultants ---methodically exploring with deep DD holes and RC "FINDER "holes ,,,first base ,define the geology and establish an inferred and if possibe a defined resource , 2nd base ...expand that base and 3rd ..see how many of these likely replicated deposits exist !
    Short positions have been established ....exactly for the purpose that this methodical drilling takes time . Impatience is a hard fact of today's society !
    ALK has a premier position , and in leading the race , in Boda tenement discovery verification .....OTHER companies in the immediate area might have the same success in due course ....but I would suggest that ALK has the A grade team , the A grade data base , the A grade discovery holes and the A grade overall tenement ground ..to take this to a mineable discovery .
    Just as you suggested ...just rely on methodical drilling programmes , well funded , non dilutory for shareholders ..and patience .Simply ...we as investors just have to back the skills of Management , which have a great track record of delivery !
    AIMHO
 
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Last
53.5¢
Change
-0.015(2.73%)
Mkt cap ! $322.8M
Open High Low Value Volume
55.0¢ 56.0¢ 53.5¢ $719.5K 1.314M

Buyers (Bids)

No. Vol. Price($)
5 97843 53.5¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 85410 4
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Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
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