ALR 0.00% 0.4¢ altair minerals limited

Ann: June 2019 Quarterly Activities and Cashflow Reports, page-6

  1. 3,850 Posts.
    lightbulb Created with Sketch. 146
    Thats why I am holding 75% heads.25% Tails
    If Avi puts his mouth where his money is then maybe a small rights issue to get through till then as well as a asset sale. IMHO any sale would put them in the money
    Who knows maybe they do nothing and let them lapse and then raise at higher prices would save 40% dilution. Going by last quarter they could get through until then lol...
    Many ways you can play it but ground is too prospective for a $8M Company.
    It will be a 12 Months hold anyway could see a few bags by then either way.
    Cheers
 
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