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Alkane Resources Ltd

www: www.alkane.com.au   email: info@alkane.com.au
Category: Junior: Emerging Mid-tier Producer
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Symbol Data

Symbol Currency
ASX:ALK AUD
OTCMKTS:ALKEF USD

Description

Alkane Resources Ltd are a gold focused junior, emerging mid-tier producer with three exploration properties in Australia. They have approximately 8Moz. of gold in the reserves and resources category of which 3Moz. are in the measured and indicated category. They have a market capitalisation of ~A$243.76M which is a rise of roughly 46% over the last two months. As of 09/07/2024 they have ~A$33M debt and ~A$36.11M cash. They have 603M shares outstanding and trade on the Australian Stock Exchange and the over-the-counter markets.

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General Details

Financial 09/07/2024
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
MCap (FD): $166.82M $243.76M 09/07/2024 $76.94M
Total Assets: $276.69M $275.50M 09/07/2024 $-1.18M
Total Liabilities: $75.22M $74.89M 09/07/2024 $-0.32M
Current Assets: $71.86M $71.55M 09/07/2024 $-0.31M
Current Liabilities: $28.88M $28.75M 09/07/2024 $-0.12M
Total Debt: $33.58M $33.43M 09/07/2024 $-0.14M
Cash: $36.26M $36.11M 09/07/2024 $-0.15M
Enterprise Value: $164.13M $241.08M 08/22/1977 $76.95M
Cash Flow: $52.33M $69.97M never $17.64M
Cash Flow Multiple: 3.19 3.48 never 0.30
Net Debt to
Cash Flow Ratio:		 n/a n/a never 0.00
Finance within 1 year: 09/07/2024 n/a
Misc 09/07/2024
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 603,490,487 603,490,487 09/07/2024 0
Shares (FD): 621,000,000 621,000,000 09/07/2024 0
Insider Ownership: n/a n/a never n/a
Dividend (Annual): n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 09/07/2024 n/a
Production (Gold Eq Oz.): (guess) 
75,000		 (guess) 
75,000		 09/07/2024 0
Production (Silver Eq Oz.): (guess) 
6,699,839		 (guess) 
6,001,977		 09/07/2024 -697,862
Initial CapEx (Outstanding): n/a n/a 09/07/2024 n/a
Funding Option: n/a n/a 09/07/2024 n/a
Documentation: none PRODUCER 09/07/2024 n/a
Future MCap Modifier: 0.2
Producer: Growth Potential
 0.2
Producer: Growth Potential
 09/07/2024 0
Cash Flow Multiplier: 6 6 09/07/2024 0.00

Resource Data

GOLD 09/07/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 0.25M 0.25M 09/07/2024 0.00M
Measured & Indicated: 3.00M 3.00M 09/07/2024 0.00M
Inferred: 5.00M 5.00M 09/07/2024 0.00M
Reserves & Resources: 8.00M 8.00M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 0.20M 0.20M 09/07/2024 0.00M
Measured & Indicated: 1.96M 1.96M 09/07/2024 0.00M
Inferred: 2.00M 2.00M 09/07/2024 0.00M
Reserves & Resources: 3.96M 3.96M never 0.00M
C
U
R
R
E
N
T		 Annual Production: (guess) 
75,000oz.		 (guess) 
75,000oz.		 09/07/2024 0oz.
Cash Cost: $1,200 $1,200 09/07/2024 $0.00
Extra Operating Cost: $600 $600 09/07/2024 $0.00
Total: $1,800 $1,800 09/07/2024 $0.00
Margin (Free Cash Flow): $698 (28%) $933 (34%) $235.20
G
R
A
D
E		 Underground (Avg): 2.00 g/t 2.00 g/t 09/07/2024 n/a
Open Pit (Avg): n/a 0.30 g/t 03/24/2024 0.30 g/t
Recovery Rate: (CG)  80.00% (CG)  80.00% 09/07/2024 0.00%
F
U
T
U
R
E		 Proven & Probable: 5.00M 5.00M 09/07/2024 0.00M
Annual Production: 250,000oz. 250,000oz. 09/07/2024 0oz.
Cash Cost: $900 $900 09/07/2024 $0
Extra Operating Cost: $600 $600 09/07/2024 $0
SILVER 09/07/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 09/07/2024 0.00M
Measured & Indicated: n/a n/a 09/07/2024 0.00M
Inferred: n/a n/a 09/07/2024 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 09/07/2024 0.00M
Measured & Indicated: n/a n/a 09/07/2024 0.00M
Inferred: n/a n/a 09/07/2024 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 09/07/2024 $0.00
Extra Operating Cost: n/a n/a 09/07/2024 $0.00
Total: n/a n/a 09/07/2024 $0.00
Margin (Free Cash Flow): n/a $0.00
G
R
A
D
E		 Underground (Avg): n/a n/a 09/07/2024 n/a
Open Pit (Avg): n/a n/a 09/08/2023 n/a
Recovery Rate: n/a n/a 09/07/2024 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 09/07/2024 0.00M
Annual Production: n/a n/a 09/07/2024 n/a
Cash Cost: n/a n/a 09/07/2024 n/a
Extra Operating Cost: n/a n/a 09/07/2024 n/a

Property

Last Analysis Data  (09/07/2024)
Stage Name Owned Au Ag Cu Notes
Exp Boda 100% show
3.5M oz AU at .3 gpt
10M oz AUEQ at .5 gpt
Exp Kaiser 100% show
2M AU at .25 gpt
6M AUEQ at .5 gpt
Exp Tomingley 100% show
1.5 million oz deposit at 2 gpt.

Production at 60,000 oz per year.
Current Data
Stage Name Owned Au Ag Cu Notes
Exp Boda 100% show
3.5M oz AU at .3 gpt
10M oz AUEQ at .5 gpt
Exp Kaiser 100% show
2M AU at .25 gpt
6M AUEQ at .5 gpt
Exp Tomingley 100% show
1.5 million oz deposit at 2 gpt.

Production at 60,000 oz per year.

Profitability (by resource)

Proven &
Probable		 09/07/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.25M 0.25M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -2.33M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.20M 0.20M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -1.86M
Maximum Profit (Gold): $139.54M $186.58M n/a $47.04M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $139.54M $186.58M n/a $47.04M
Max Profit / Current MCap: 0.836 0.765 n/a -0.071
Max Profit Per Share (Gold): $0.22 $0.30 n/a $0.08
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.22 $0.30 n/a $0.08
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD MCap / Gold Eq.: $834.09 $1,218.80 n/a $384.71
FD MCap / Silver Eq.: $9.34 $15.23 n/a $5.89
FD MCap / Per Metal
as % Spot Price:		 33.39% 44.60% n/a 11.20%
Measured &
Indicated		 09/07/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 3.00M 3.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -27.91M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 1.96M 1.96M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -18.24M
Maximum Profit (Gold): $1,367.49M $1,828.48M n/a $460.99M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,367.49M $1,828.48M n/a $460.99M
Max Profit / Current MCap: 8.198 7.501 n/a -0.696
Max Profit Per Share (Gold): $2.20 $2.94 n/a $0.74
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.20 $2.94 n/a $0.74
Total Free Profit Per Share: $1.80 $2.36 n/a $0.56
FD MCap / Gold Eq.: $85.11 $124.37 n/a $39.26
FD MCap / Silver Eq.: $0.95 $1.55 n/a $0.60
FD MCap / Per Metal
as % Spot Price:		 3.41% 4.55% n/a 1.14%

Reserves &
Resources		 09/07/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 8.00M 8.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -74.44M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 3.96M 3.96M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -36.85M
Maximum Profit (Gold): $2,762.89M $3,694.28M n/a $931.39M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $2,762.89M $3,694.28M n/a $931.39M
Max Profit / Current MCap: 16.562 15.155 n/a -1.407
Max Profit Per Share (Gold): $4.45 $5.95 n/a $1.50
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $4.45 $5.95 n/a $1.50
Total Free Profit Per Share: $4.05 $5.36 n/a $1.31
FD MCap / Gold Eq.: $42.13 $61.56 n/a $19.43
FD MCap / Silver Eq.: $0.47 $0.77 n/a $0.30
FD MCap / Per Metal
as % Spot Price:		 1.69% 2.25% n/a 0.57%

Future Valuation (Cash Flow & Totals)

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