Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn
About

Company News Summary

Alkane Resources Provides Quarterly Activities Report

22 Jul 2021  |  09:52:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Quarterly Activities Report

Alkane Resources provided quarterly activities report. The drill program at Boda continues. Results received demonstrate further continuity of the high-grade breccia at Boda as well as showing extensions to the mineralised system to the south at Boda Two. Cash, bullion and listed investments position totalled A$73.9m. The Company has a $20m working capital facility with Macquarie Bank. This was undrawn at the end of the quarter. At the end of the quarter the Company had $9.2m of borrowings relating to mobile equipment financing arrangements.

Please click here for full details

See more ASX300 News Announcements