ATR 1.41% 72.0¢ astron corporation limited

I've held for 10+ years, always thinking it's gonna fly at some...

  1. 1,233 Posts.
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    I've held for 10+ years, always thinking it's gonna fly at some point. I didn't quite get the time frame right though, hah!

    I'm forgetting the timing somewhat, but I think it was initially due to the Donald mine (i think there was a feasibility study back in 2012 with huge numbers), and then I followed their neverending court case against the gambia to the $30 million ish award finalised a few months ago, to find it's uncertain whether they'll ever get paid. Meanwhile if Donald (or even senegal) ever get off the ground ATR will be valued at many multiple of today's share price.

    Who would have thought the first decent share price movement would come because they actually start making money on their Chinese business. I always thought of that as just being the downstream end prepping to receive the Donald mineral sands.
 
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