ALK 4.76% 50.0¢ alkane resources limited

zirconium market improving, page-13

  1. 63 Posts.
    Here is my 2c

    Im still bullish on Gold - If you're not, the opposite would be true for you.

    The Tomingly Gold project has total cash costs of under 1000, compny is funded through to production.

    Cash flow will keep the company alive and kicking. - Point 1.

    Main Point -
    REEs and Zirconium are essential technology meterials, there is not going to be a time where they are not needed. DZP is a company maker, an asset that will stay viable for decades.

    Point 3 - The company owns a load of shares in a gold prodcer (Regis) who would be profitable at even sub 1000 gold price. ALK is trading below value of cash and shares atm.

    James Dines has gone on record as saying there will be panic buying in REEs in 5 years (said in 2012).

    ALK also have othr properties.
    This company is far from over - im holding
    Construction of TGP is on time, and on budget - that is rare in todays climate.

    Just because its down doesnt mean selling is the best option. Im holding, and looking at buying more.

    My main concern is the Regis looks like its forming a head and shoulders pattern. That is why ALK was sold off i think.
 
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50.0¢
Change
-0.025(4.76%)
Mkt cap ! $301.7M
Open High Low Value Volume
52.0¢ 52.5¢ 49.5¢ $1.113M 2.177M

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1 78014 50.0¢
 

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50.5¢ 904 1
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
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