ALK 0.87% 58.0¢ alkane resources limited

Ann: Tomingley Gold Operations Meets FY2020 Guidance, page-2

  1. 3,162 Posts.
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    Nothing major here but good to see guidance met. I think the 2021 guidance is what we are all waiting for and that seems imminent now.

    $90M of cash, bullion and investments is a strong position but $20M will go to ASM on demerger and the $25M in investments is not really like cash. In fact those investments will likely require more cash themselves as they move towards production as others have mentioned.

    https://hotcopper.com.au/data/attachments/2278/2278116-d83821c499f0e47d0875247ddb7e9c9b.jpg

 
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