... wait, how can this be ? ... ALR have no funds for any...

... wait, how can this be ? ... ALR have no funds for any exploration by the post below ... ?

... ALR bones sold for scrap ... lol ...

@Kit67 posted - The problem with ALR is that they currently have insufficient cash to take this any further.
simply is not enough for any exploratory work on Wee MacGregor,
0.004 has traded through in the past month, with 0.003 likely to yield once the reality of their situation sinks in.
Consolidation and cap raise the only way forward.
Otherwise the bones will be sold for scrap."

"once the reality of their situation sinks in" ... lol ... off with the fairies ...

... Kit may try applying reality to maybe heavy-crude no-flows that may require funding in a sanctioned country ... LOL ...

... about time ALR released something imo, as long as it may state words like 'drilling commenced' or 'rig being mobilised'.

... WM sampling maybe complete atm, but follow-up drilling in good-time maybe on ALR ...

... wonder if a JV may still be sniffing around Mt.Isa ... [WM 80%?] ...

Cohiba Minerals Limited
Directors' report
31 December 2023
Wee MacGregor Project (ML2504, ML2773, ML90098)
The Wee MacGregor Mining Lease (ML90098) was successfully renewed till 21 December 2034.
All statutory reports were submitted.
Discussions were held with a number of parties regarding potential investment, Farm-In, JV opportunities and are ongoing"

Queensland (Cobalt X) Project (EPM26376, EPM26377, EPM26379 & EPM26380)
No work was conducted on the Queensland tenements (Mt Gordon, Success and Mt Cobalt Prospects). All statutory reports
were submitted. All tenements are in good standing. Discussions are underway in relation to potential investment / Farm-In."

... a trading-halt maybe on field-sampling alone is interesting if so imo ... hmmmm

... if the market likes it, the market likes it ...

... ALR may hold the best IOCG dirt this end of the ASX ...