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Alkane Resources Ltd.

www: www.alkane.com.au   email: info@alkane.com.au
Category: Junior: Small Producer
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Symbol Data

Symbol Currency
ASX:ALK AUD
OTCMKTS:ALKEF USD

Description

Alkane Resources Ltd. are a gold focused junior, small producer with one exploration property in Australia. They have approximately 0.6Moz. of gold in the reserves and resources category of which 0.4Moz. are in the measured and indicated category. They have a market capitalisation of ~A$192.47M which is a rise of roughly 40% over the last seven months. As of 09/08/2019 they have no debt and ~A$42.04M cash. They have 506M shares outstanding and trade on the Australian Stock Exchange and the over-the-counter markets.

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General Details

Financial 09/08/2019
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Mkt. Cap (FD): $137.48M $192.47M 09/08/2019 $54.99M
Total Assets: $169.62M $151.11M 09/08/2019 $-18.51M
Total Liabilities: $23.25M $20.72M 09/08/2019 $-2.54M
Current Assets: $51.98M $46.31M 09/08/2019 $-5.67M
Current Liabilities: $8.21M $7.31M 09/08/2019 $-0.90M
Total Debt: $0.00M $0.00M 09/08/2019 $0.00M
Cash: $47.19M $42.04M 09/08/2019 $-5.15M
Enterprise Value: $90.29M $150.43M 10/07/1974 $60.14M
Cash Flow: $14.23M $17.84M never $3.62M
Cash Flow Multiple: 9.66 10.79 never 1.12
Net Debt to
Cash Flow Ratio:		 n/a n/a never 0.00
Finance within 1 year: 09/08/2019 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 09/08/2019 0.00%
Misc 09/08/2019
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 506,096,000 506,096,000 09/08/2019 0
Shares (FD): 522,096,000 522,096,000 09/08/2019 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 09/08/2019 n/a
Production (Gold Eq Oz.): (guess) 
50,000		 (guess) 
50,000		 09/08/2019 0
Production (Silver Eq Oz.): (guess) 
4,134,193		 (guess) 
5,778,177		 09/08/2019 1,643,983
Initial CapEx (Outstanding): n/a n/a 09/08/2019 n/a
Funding Option: n/a n/a 09/08/2019 n/a
Documentation: none PRODUCER 09/08/2019 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 09/08/2019
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 09/08/2019 0.00M
Measured & Indicated: 0.40M 0.40M 09/08/2019 0.00M
Inferred: 0.20M 0.20M 09/08/2019 0.00M
Reserves & Resources: 0.60M 0.60M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 0.23M 0.23M 09/08/2019 0.00M
Measured & Indicated: 0.33M 0.33M 09/08/2019 0.00M
Inferred: 0.09M 0.09M 09/08/2019 0.00M
Reserves & Resources: 0.42M 0.42M never 0.00M
C
U
R
R
E
N
T		 Annual Production: (guess) 
50,000oz.		 (guess) 
50,000oz.		 09/08/2019 0oz.
Cash Cost: $800 $800 09/08/2019 $0.00
Extra Operating Cost: $300 $300 09/08/2019 $0.00
Average Grade: 2.00 g/t 2.00 g/t 09/08/2019 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 09/08/2019 0.00%
F
U
T
U
R
E		 Proven & Probable: 0.40M 0.40M 09/08/2019 0.00M
Annual Production: 50,000oz. 50,000oz. 09/08/2019 0oz.
Cash Cost: $800 $800 09/08/2019 $0
Extra Operating Cost: $350 $350 09/08/2019 $0
SILVER 09/08/2019
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 09/08/2019 0.00M
Measured & Indicated: n/a n/a 09/08/2019 0.00M
Inferred: n/a n/a 09/08/2019 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 09/08/2019 0.00M
Measured & Indicated: n/a n/a 09/08/2019 0.00M
Inferred: n/a n/a 09/08/2019 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 09/08/2019 $0.00
Extra Operating Cost: n/a n/a 09/08/2019 $0.00
Average Grade: n/a n/a 09/08/2019 n/a
Recovery Rate: n/a n/a 09/08/2019 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 09/08/2019 0.00M
Annual Production: n/a n/a 09/08/2019 n/a
Cash Cost: n/a n/a 09/08/2019 n/a
Extra Operating Cost: n/a n/a 09/08/2019 n/a

Property

Last Analysis Data  (09/08/2019)
Stage Location Name Owned Type Au Ag Cu Notes
Exploration Australia, Australia Tomingley 100% (guess) Both show
500,000 oz deposit at 2 gpt.

Production at 50,000 oz per year.

Hedge half at $1540
Current Data
Stage Location Name Owned Type Au Ag Cu Notes
Exploration Australia, Australia Tomingley 100% (guess) Both show
500,000 oz deposit at 2 gpt.

Production at 50,000 oz per year.

Hedge half at $1540

Profitability (by resource)

Proven &
Probable		 09/08/2019
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 8.22M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.23M 0.23M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 7.40M
Maximum Profit (Gold): $64.02M $80.29M n/a $16.27M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $64.02M $80.29M n/a $16.27M
Max Profit / Current MCap: 0.466 0.417 n/a -0.049
Max Profit Per Share (Gold): $0.12 $0.15 n/a $0.03
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.12 $0.15 n/a $0.03
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $611.02 $855.42 n/a $244.40
FD Mkt. Cap / Silver Eq.: $7.39 $7.40 n/a $0.01
FD Mkt. Cap / Per Metal
as % Spot Price:		 40.56% 53.14% n/a 12.58%
Measured &
Indicated		 09/08/2019
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.): 0.40M 0.40M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 13.15M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.33M 0.33M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 10.95M
Maximum Profit (Gold): $94.76M $118.83M n/a $24.08M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $94.76M $118.83M n/a $24.08M
Max Profit / Current MCap: 0.689 0.617 n/a -0.072
Max Profit Per Share (Gold): $0.18 $0.23 n/a $0.05
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.18 $0.23 n/a $0.05
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $412.85 $577.99 n/a $165.14
FD Mkt. Cap / Silver Eq.: $4.99 $5.00 n/a $0.01
FD Mkt. Cap / Per Metal
as % Spot Price:		 27.40% 35.90% n/a 8.50%

Reserves &
Resources		 09/08/2019
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.): 0.60M 0.60M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 19.73M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.42M 0.42M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 13.91M
Maximum Profit (Gold): $120.36M $150.95M n/a $30.59M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $120.36M $150.95M n/a $30.59M
Max Profit / Current MCap: 0.876 0.784 n/a -0.091
Max Profit Per Share (Gold): $0.23 $0.29 n/a $0.06
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.23 $0.29 n/a $0.06
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $325.01 $455.01 n/a $130.00
FD Mkt. Cap / Silver Eq.: $3.93 $3.94 n/a $0.01
FD Mkt. Cap / Per Metal
as % Spot Price:		 21.57% 28.26% n/a 6.69%

Future Valuation (Cash Flow & Totals)

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