ALR 0.00% 0.5¢ altair minerals limited

Ann: Horse Well hits further Copper & Gold Mineralisation, page-134

  1. 4,476 Posts.
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    ... unfortunately there were heavy-rain events in Central Australia some months back ... so this may have delayed drilling operations ... if so there is not much that can be done about wet leases and access roads. These can remain impassable for months.

    ... imo this maybe one significant reason why the share-price is lingering at current levels ... as the market may assume that the next Horse Well hole maybe delayed due to rain ...

    ... the up-coming Pernatty C hole maybe interesting, considering CHK went for a 2nd hole [?] ...

    ... it may not take much for CHK to run-up hard ...

    ... roll-on 2022 ... no more South Australian rain events please ...
 
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