Alkane Resources

[IcedPaladin]

Corporate File open briefing ALK. Looks good.
Recommended on Sharetrader at an unbelievable 32cents last week.
Today 35c All aboard TooT Toot

[IcedPaladin]

Corporate File open briefing ALK. Looks good.
Recommended on Sharetrader at an unbelievable 32cents last week.
Today 35c All aboard TooT Toot

Woooooo Look at the volume and now 36

[IcedPaladin]

Woooooo Look at the volume and now 36

More promising results announced today. Looking good

[IcedPaladin]

More promising results announced today. Looking good
Running against the trend big volume.
42 cents

[IcedPaladin]

Running against the trend big volume.
42 cents
Alkane have 16.6% of BCIron.com.au Have a look initial issue price 2006 25 cents.

They have an agreement in place with FMG

[IcedPaladin]

Alkane have 16.6% of BCIron.com.au Have a look initial issue price 2006 25 cents.

They have an agreement in place with FMG26/02/08 45 cents

[IcedPaladin]

26/02/08 45 cents

28/02/08 48 cents 1.4 million shares traded today

[Huang Chung]

Well picked Ice P.

Alkane does look interesting.....I held these about 25 years ago...'bout the same share price then if my memory serves me correctly.:D

Looks like McPhillamy's could be a very tasty project....another Cadia perhaps?

Good luck with ALK Ice P.

[IcedPaladin]

28/02/08 48 cents 1.4 million shares traded today


Yeh finished the week at 52cents 29/02/08

Took a little profit today.

I always like to leave a little for the next person.

TooT Toot

[shasta]

Yeh finished the week at 52cents 29/02/08

Took a little profit today.

I always like to leave a little for the next person.

TooT Toot

Time to bring this little gem back into the limelight.

Has very promising Copper-Gold, Nickel & Rare Earth projects & whilst production is a couple of years away, one to watch

http://www.stocknessmonster.com/news-item?S=ALK&E=ASX&N=420874

[shasta]

Time to bring this little gem back into the limelight.

Has very promising Copper-Gold, Nickel & Rare Earth projects & whilst production is a couple of years away, one to watch

http://www.stocknessmonster.com/news-item?S=ALK&E=ASX&N=420874

ALK - MD gives update on projects

http://www.stocknessmonster.com/news-item?S=ALK&E=ASX&N=421300

[shasta]

ALK - MD gives update on projects

http://www.stocknessmonster.com/news-item?S=ALK&E=ASX&N=421300

ALK - Tomingley Gold Project update

http://www.stocknessmonster.com/news-item?S=ALK&E=ASX&N=421750

[drillfix]

ALK - Tomingley Gold Project update

http://www.stocknessmonster.com/news-item?S=ALK&E=ASX&N=421750

Interesting Shasta,

Wish I had some money to add to the roulette table on this one.

Unlike Uran :rolleyes: In their announcements, I like the way how some companies give the corporate profile always with a current market cap, 52 week High and Low and other info along with the names of those who are Accountable.

Similar to a few other companies and one in particular VMS.

[shasta]

Interesting Shasta,

Wish I had some money to add to the roulette table on this one.

Unlike Uran :rolleyes: In their announcements, I like the way how some companies give the corporate profile always with a current market cap, 52 week High and Low and other info along with the names of those who are Accountable.

Similar to a few other companies and one in particular VMS.

ALK has a very promising rare earths project, but is at least a year away...

One to watch (perhaps accummulate) if looking long term :rolleyes:

[drillfix]

ALK has a very promising rare earths project, but is at least a year away...

One to watch (perhaps accummulate) if looking long term :rolleyes:

Shasta, perhaps accumulate? Dont ya need money for that? :eek:

Hold on back in one second, were is me balaclava? just gonna pop down to the bank :rolleyes:

[shasta]

Shasta, perhaps accumulate? Dont ya need money for that? :eek:

Hold on back in one second, were is me balaclava? just gonna pop down to the bank :rolleyes:

Just before you do, i did say ALK is at least a year away from production, if not longer...

I have some options i "fully expect" to return a decent profit before then, perhaps you have some too ;)

[Snapper]

I've just been reading up on ALK after getting out of LYC as it could be another RE play along with gold, copper and iron. Does anyone hold and what are your thoughts especially regarding management, cashburn, assets, etc?

[suntboy]

Gday Snapper
I held ALK off and on between 4 to 6 years ago and whilst they promised so much (hence the buying ) they delivered little and continually promised.
I have not revisited them for 4 years so I do not no if it is the same management but the fact you mentioned they have REE's has sparked my interest as I do not think they promoted them when I owned them
Like ARU being diversified will not help their SP but if they are smart they or any other company that stands up now and says we are going to concentrate on rare earths would be a very good short term investment
Time to do some research on my old flame ( I was so in love at one stage she was my screen saver )

Welcome to Suntland

[suntboy]

Just had a 5 minute squizz at their last quarterly and nothing grabs me
I get the feeling they have little knowledge on rare earths and should and will stick to Gold

they like to look for partners (from memory ) so I would think the likes of ARU or LYC may well have run the ruler already
I hate to say it but I may well have to put them back on my watchlist!!!!!
only for the fact that if there is movement in the SP that cant be related to Wyoming then something may be afoot.
Personally cant see it (need more heavier REEs ) but then again what do I know

Welcome to Suntland

[Snapper]

Thanks for that, Suntboy. I was wondering about the composition of their REs. They say that they have sent samples to prspective purchasers so it might be worthwhile waiting to see what they say.

If the LYC deal falls through and the sp falls then I would get back in there but otherwise I'd consider ALK.

You talked about management promising much and delivering little; that's what scares me about some of these mining plays, it's all talk with many of them.

[shasta]

Thanks for that, Suntboy. I was wondering about the composition of their REs. They say that they have sent samples to prspective purchasers so it might be worthwhile waiting to see what they say.

If the LYC deal falls through and the sp falls then I would get back in there but otherwise I'd consider ALK.

You talked about management promising much and delivering little; that's what scares me about some of these mining plays, it's all talk with many of them.

ALK - Corporate Presentation:

http://www.stocknessmonster.com/news-item?S=ALK&E=ASX&N=497525

Has rare earths, & some gold projects with a pipeline to production for 3 projects from 2012 onwards

Cash on Hand @ $8.5m

One to keep on the watchlist

[NoVice]

This is one of my largest holdings. I am not so sure that "promising much and delivering little" is a fair or accurate comment. They are very methodical (= slow) with the DZP project anyhow & that is going to be the company maker. Setting up a process to extract many of these rare minerals is not straight forward & with the DZP they have a multitude of minerals in the ore body that they wish to extract. They have spent some time slowly & methodically producing a processing procedure to extract all these (valuable) minerals & have been producing tonnes of samples for assessment by potential customers. The process they have developed is evidently unique in its flexibilty to handle different ore bodies & there is interest by other companies in purchasing the right to use their process. DYOR on the products they can produce (especially Hafnium free Zirconium) & you will realise the potential of this company -albeit not in production for 2 years or so.
My main concern is the emphasis they are putting into Tomingley - with its infrastructure etc. problems it is not going to be a company maker.

[shasta]

This is one of my largest holdings. I am not so sure that "promising much and delivering little" is a fair or accurate comment. They are very methodical (= slow) with the DZP project anyhow & that is going to be the company maker. Setting up a process to extract many of these rare minerals is not straight forward & with the DZP they have a multitude of minerals in the ore body that they wish to extract. They have spent some time slowly & methodically producing a processing procedure to extract all these (valuable) minerals & have been producing tonnes of samples for assessment by potential customers. The process they have developed is evidently unique in its flexibilty to handle different ore bodies & there is interest by other companies in purchasing the right to use their process. DYOR on the products they can produce (especially Hafnium free Zirconium) & you will realise the potential of this company -albeit not in production for 2 years or so.
My main concern is the emphasis they are putting into Tomingley - with its infrastructure etc. problems it is not going to be a company maker.

ALK - June Quarterly Report

http://www.stocknessmonster.com/news-item?S=ALK&E=ASX&N=498339

Excert from report...

Product prices for zirconia and rare earths are expected to increase following action by China to remove the 5% VAT refund on
zirconia exports and reduce rare earth export quotas. This news reinforces the strategic significance of the DZP in global markets

This could have a flow on effect to other Rare Earth plays out there, ARU, LYC, RWD, GBE

[bull....]

Exited today great run definitely a hot sector to be in.

[shasta]

Exited today great run definitely a hot sector to be in.

ALK up 20c to close on its intra day high of $1.045, on turnover of 4.6m

No wonder it attracted a speeding ticket!

ARU, LYC, GBE, RWD & ORM are all enjoying the focus on this hot sector at present

[hal]

ALK up 20c to close on its intra day high of $1.045, on turnover of 4.6m

No wonder it attracted a speeding ticket!

ARU, LYC, GBE, RWD & ORM are all enjoying the focus on this hot sector at present

They have very good gold prospects as well. Newmont is a majority partner in one of them (Mcphillamys)

[bull....]

its going parabolic now 40% in a couple of days make ya cry.

[hal]

Alkane is going for a run at the moment.

Alkane came out with interesting projections for its Dubbo rare earth project in yesterday's quarterly report. It is worth a read.

This is also a link to a report which is on their website.

http://www.alkane.com.au/reports/broker-media/brokers/20110120.pdf

[corporateraider]

I think that there is a report somewhere (maybe enen on the website) that values the Dubbo project alone at $2.31. I haven't bothered to read it as I see far greater value than the current share price.

[hal]

I think that there is a report somewhere (maybe enen on the website) that values the Dubbo project alone at $2.31. I haven't bothered to read it as I see far greater value than the current share price.

The presentation yesterday also stated that they have a number of other deposits. It is worth a read as it give some idea of expected revenues, upcoming projects etc.

[drillfix]

This is having a nice run lately.


Ohh Yeah, yes indeed KW.

Actually, what a superb and fantastic HOURLY chart it has been and excellent run since $1.22 the 17/3/11

[penn]

The last post on this thread was 2011, and soon after Alkane hit $2.00/ Yes there has been a long wait for some, but there could be a Rare Earth glow at the end of this tunnel. Volume is starting to pick up, and Zirconia project could get state approval in the next seven weeks. With the gold production out of Tomingley hedged at over $1400/oz a cap raise does not seem imminent, Todays s/p $0.30 looks to have a bit of up left (imho) I have but a weak and feeble mind, but would like to hear your thoughts Mr Bull.

DYOR (do your own ramping):)

[Daytr]

Yes I noticed they shot up today.
Think there maybe a leaky ship in regards an announcement on their rare earths project.
I've known Ian Chalmers for about 15 years, couldn't meet a nicer bloke & straight as they come.

[penn]

Is this in a trading halt?
yes
Trading Halt announced till Friday.

[Daytr]

Yeah, its been strong all day.
2nd time in a short period where there is obvious leakage.
MLX & ALK both companies I know very well & I've missed out on both! DOH

[penn]

You Should not have missed this one! Heads-up was five days ago. Still it could be bad news then I will look daft for going long.:)

[Daytr]

Yeah waited for a pullback that never happened.
I looked at it when it was 18c!

[penn]

Not sure of the date of this report

"In summary the Commission is satisfied that the project is approvable subject to further
detail on a number of matters and stringent environmental requirements. The Commission
recognises that the project is unique in nature and accordingly some flexibility should be
allowed to enable further design development prior to final approval and commencement
operations on site. The Commission also recognises the significant economic benefits of
project for both the state of NSW and the region. It considered that the proposal is unlikely
to result in significant environmental impacts and that on balance the benefits of the project
outweigh its impacts."

from: NSW PAC but looks like a green light on Friday.

[Kees]

Not sure of the date of this report

"In summary the Commission is satisfied that the project is approvable subject to further
detail on a number of matters and stringent environmental requirements. The Commission
recognises that the project is unique in nature and accordingly some flexibility should be
allowed to enable further design development prior to final approval and commencement
operations on site. The Commission also recognises the significant economic benefits of
project for both the state of NSW and the region. It considered that the proposal is unlikely
to result in significant environmental impacts and that on balance the benefits of the project
outweigh its impacts."

from: NSW PAC but looks like a green light on Friday.

http://www.pac.nsw.gov.au/Projects/PACDeterminations/tabid/104/ctl/viewreview/mid/459/pac/416/view/readonly/myctl/rev/Default.aspx

[penn]

Ha \ Looks like a few people had to 'drop their shorts' on this one this am.

[Kees]

DZP finally looks like being granted.

[penn]

Yes, due any day then need to find the money.
I liked the sound of the presentation recently ;-

"Full spectrum of rare magnet materials-.."
"Potential to be the world's largest hafnium producer ..."

Don't think we will see SP under 30c again.

[babymonster]

Maybe CR for funding?

[penn]

"Don't think we will see SP under 30c again."
It only took eight hours for me to be wrong on that one.
down 6.3% today.
Funding will need a JV partner(s) who see the value of producing RE's from outside of the traditional supplier.
Europe? Japan?

[Kees]

"Don't think we will see SP under 30c again."
It only took eight hours for me to be wrong on that one.
down 6.3% today.
Funding will need a JV partner(s) who see the value of producing RE's from outside of the traditional supplier.
Europe? Japan?

Yes it is a frustrating share to hold but patience should see us rewarded

[Kees]

Here is some good info on Alk

http://investorintel.com/technology-metals-press/fat-prophets-mining-report-alkane-resources-hold-silver-city-minerals-hold-jkk-oil-tertiary-minerals-buy-south-32-hold/

[penn]

Thanks for that Kees

Alkane Resources (ASX:ALK) has been granted a trading halt by the ASX pending a progress update on the approvals process for the Dubbo Zirconia Project (DZP).

Earlier in the year the NSW Planning Assessment Commission gave conditional approval for the project.

The halt will last until the opening of trade on Tuesday 2nd June 2015, or earlier if an announcement is made to the market.


It will now be a long weekend, but this should be the start of a whole-lotta good news for Alkane, This one just has the feel of a co, I will be glad to be holding shares in, in five years time.

(is there an emoticon for fingers crossed?)

[Daytr]

I like them to & know Ian Chalmers well.
Its a tough one though as the pricing for rare earths etc is so secretive & opaque.
Very hard to value.
I would have thought though Ian would be his normal conservative self.

[Kees]

Just checked when I first bought it was 2004 so really got my fingers crossed that this time it is the real deal and the price will fly I see they were over a $1 at one stage be good to see that again.

[penn]

If I am aware of the potential here (of DZP), I am sure Mitszubishi are too.
I would love to see $1 but think .50c is on the cards, however if this turns out to be bad news .25c?
Yes hard to value, but they realy are "sitting on a goldmine" (Tomingley)

Pls:-DYORWTFWIK.

[penn]

So ---->Approval (Dubbo) with conditions. :)

"The Commission has concluded that the proposal is suitable for the proposed site and is in the public interest; and has therefore approved the application
subject to additional conditions to protect the community and the environment"

http://www.pac.nsw.gov.au/Projects/.../pac/473/view/readonly/myctl/rev/Default.aspx
I look forward to the next hundred years of mining.

http://www.pac.nsw.gov.au/Projects/tabid/77/ctl/viewreview/mid/462/pac/473/view/readonly/myctl/rev/Default.aspx

[Kees]

All good then? the link isn't working so will take your word and look forward to a great week when the market reopens .

[Kees]

ALK in the box seat.
http://investorintel.com/technology-metals-intel/molycorps-blow-to-rare-earth-sector/

[hal]

ALK in the box seat.
http://investorintel.com/technology-metals-intel/molycorps-blow-to-rare-earth-sector/

Heres a video of Ian Chalmers talking about the projects

http://investorintel.com/technology-metals-intel/alkane-resources-ian-chalmers-on-becoming-the-global-rare-earth-market-cap-leader/

[hal]

And their latest announcement re: project economics


http://www.alkane.com.au/images/pdf/asx/2015/20150827.pdf

[Kees]

Alkane finally getting some speed up .

[Kees]

some more news .

http://www.miningnews.net/resource-stocks/company-profiles/golden-boost-for-rare-project/


http://investorintel.com/technology-metals-intel/countdown-is-on-to-the-5th-annual-cleantech-technology-metals-summit/

[hal]

some more news .

http://www.miningnews.net/resource-stocks/company-profiles/golden-boost-for-rare-project/


http://investorintel.com/technology-metals-intel/countdown-is-on-to-the-5th-annual-cleantech-technology-metals-summit/

Thanks

That is a really good article in the Mining News

[Kees]

Alkane Resources (ASX: ALK) has received final approvals to proceed with its large Dubbo Zirconia Project (DZP), paving the way for the company to now secure offtake agreements and carry out its funding strategy.

Alkane is a multi-commodity mining and exploration company with a focus on gold, zirconium, hafnium, niobium and rare earths.

The Company has a profitable, operating gold mine (Tomingley) and other highly prospective projects within close proximity of each other in the central west of New South Wales.

ALK recently announced plans to raise up to $16 million from investors to progress the advancement of Dubbo Zirconia Project (DZP) through to receipt of project financing funds.

The DZP is a $1 Billion project and currently Australia's most valuable rare metal/rare earth project.

Australia produces only a very small proportion of the world’s rare earth supplies and the DZP aims to open up an alternative stream of rare earth materials outside of the dominant Chinese market.

The DZP will produce a strategic and alternative supply of zirconium, hafnium, niobium (tantalum), yttrium and rare earth elements to the global market.

The ability of the DZP to provide long term sustainable security of supply of a diverse range of over 20 critical metals and oxides is steadily gaining traction in a difficult market.

To read the complete ALK article please click here: http://www.theaustralianinvestor.com.au/linkt.aspx?id=703

[Kees]

ALK finnaly making the right moves hope it keeps going latest value 75 cents

[stoploss]

ALK finnaly making the right moves hope it keeps going latest value 75 cents
hi Kees where does the 75 cents value come from ?

[Kees]

hi Kees where does the 75 cents value come from ?

http://www.otcmarkets.com/financialReportViewer?symbol=ANLKY&id=158159

Edison

[penn]

I noted the 'sudden' lift in sp last two days, will be very disappointed if an off-take agreement is announced tonight. -we should all be able to 'play' on a level playing field.

[Kees]

http://www.mining.com/web/chinas-stranglehold-on-rees-offers-opportunities/

A good read.

[penn]

Very nice news re- DZP today, and took off this afternoon! woohoo bring on tomorrow.

[Kees]

Very nice news re- DZP today, and took off this afternoon! woohoo bring on tomorrow.

yea great stuff this I think it is blue sky from here all the way to $1 + so bring it on.

[Kees]

This is going great stuff love it will see 45c next week if not more.

[Kees]

This is going great stuff love it will see 45c next week if not more.

ALK at 42c going strong.

[Kees]

ALK at 42c going strong.

ALK 51 cents loving this

[stoploss]

ALK 51 cents loving this

GYGT , 62 cents ...

[Kees]

Yea go this ain't going to stop in a hurry

[Maybehobbi]

Any thoughts on what are the drivers behind the share price drop? Being a newbie and having read the reports on 16 November , I am struggling to understand what caused it. Thanks