“Altura Mining directors Allan Buckler and Paul Mantell and AusCann Holdings directors Mal Washer and Harry Karelis have been among a group of major Western Australian investors to have the value of their portfolios hit as markets have fluctuated in recent weeks.
Mr Buckler, who the Business News BNiQ Search Engine ranks as the 22nd biggest WA-based shareholder, suffered a drop of $31 million in the value of his Altura Mining shares in the past four weeks, to be $58.5 million.
Mr Mantell’s portfolio value fell $10.6 million to be $20 million.
Shares in Altura were worth 47 cents each on January 10, but have dipped to be 34.2 cents each as at the time of writing.
Nonetheless, the company’s Pilgangoora lithium project remains on schedule for completion during the the March quarter of this year.”
AJM Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
