As far as I can tell, Elon Musk has never commented directly on Plug Power (NASDAQ: PLUG) stock. He has , however, commented plenty on the potential of hydrogen energy . After all, Musk is the CEO of Tesla (NASDAQ: TSLA) and SpaceX -- two businesses that are attempting to reimagine how the world creates and uses energy. Understanding how alternative fuels like hydrogen fit into the overall landsca...
As far as I can tell, Elon Musk has never commented directly on Plug Power (NASDAQ: PLUG) stock. He has , however, commented plenty on the potential of hydrogen energy . After all, Musk is the CEO of Tesla (NASDAQ: TSLA) and SpaceX -- two businesses that are attempting to reimagine how the world creates and uses energy. Understanding how alternative fuels like hydrogen fit into the overall landscape is simply part of Musk's job. Plus, he has billions of dollars riding on the answer. What does Musk think of hydrogen fuel, and thus hydrogen-centric businesses like Plug Power? His historical comments are quite revealing. Hydrogen fuel can be used in a wide array of use cases. Cars and other forms of transportation -- a category Musk knows plenty about -- are a key potential market fit for hydrogen fuel. And yet it's clear that Musk doesn't see hydrogen fuel as a potential answer given how Tesla has positioned itself over the years. Tesla vehicles run on lithium-ion battery chemistries , and its supercharger network locations are often paired with solar power . Continue reading
Hammad Khan/iStock via Getty Images Note: Alkane reports all its figures in AUD. For convenience, asset prices for gold/antimony have been mentioned in USD, and price targets in the listing currency. Alkane Resources Ltd. ( ALKEF ) ( ALK:CA ) is an established mid-tier gold and antimony producer from Australia. In 2025 it entered into a merger of equals with Canada-based Mandalay Resources, follow...
Hammad Khan/iStock via Getty Images Note: Alkane reports all its figures in AUD. For convenience, asset prices for gold/antimony have been mentioned in USD, and price targets in the listing currency. Alkane Resources Ltd. ( ALKEF ) ( ALK:CA ) is an established mid-tier gold and antimony producer from Australia. In 2025 it entered into a merger of equals with Canada-based Mandalay Resources, following which it has three main producing mines: Tomingley (the company’s cornerstone gold asset in New South Wales) and the Costerfield mine in Australia and the Björkdal mine in Sweden, acquired after the merger, which added high-producing antimony assets to their portfolio. The biggest story in Alkane right now is their massive Boda-Kaiser discovery. Their geological team, led by Ian Chalmers and David Meates, hypothesized in 2016 that Macquire Arc (which houses Newmont’s Cadia-Ridgeway) should continue up north, and they were able to confirm a massive greenfield gold-copper deposit in 2019 in one of the most stunning finds in modern Australian mining. A scoping study, however, showed it would need nearly AUD $1.78 billion in capex, leading eventually to the merger with Mandalay Resources, which had cash generators (Costerfield and Björkdal) but lacked a generational asset. Such ambition is common enough in established mid-sized players, but the story is usually one of free cash flow looking for a project. This is a rare instance of an exciting new discovery in the hands of established players that know how to execute. Valuing the producing mines As of June 30, Alkane’s proven and probable gold reserves were 621,000 ounces at Tomingley, 150,000 ounces at Costerfield and 543,000 ounces at Björkdal – amounting a total of 1,314,000 ounces. By March 2026, Alkane had already produced 122,963 ounces of gold since the start of FY 2026 (i.e., July 1, 2025). This means that across its three main sites, there are approximately 1.2 million ounces of proven and probable reserves of gold...