ALR 25.0% 0.5¢ altair minerals limited

CHK - Disallowed Potential 220M structure $4m Market Cap 0 Cash, page-103

  1. 11,703 Posts.
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    A truckload of things have eventuated over the last couple of weeks.

    Major high grade Cobalt project acquisitions via CobaltX with historical results from mining. DD currently underway which will involve investigations of Mt Cobalt. Something could come out of the blue here as referenced to additional tenements and processing plants.

    Still waiting on the granting of another Greeenbushes tenement and a group of Pilgangoora tenements as part of the Charge acquisition. CHK would then have 11 tenements to explore across the Lithium space.

    Initial exploration to commence shortly across our 6 granted lithium tenements surrounded by the majors (ie Greenbushes and Mt Caitlin) in addition of due dilligence for Cobalt X, with the appointment of our full time resident geo.

    Maybe there's one more energy metals acquisition in the pipeline. It's been highlighted in todays announcement. ~$1.9m cash in the bank so the company is funded for early exploration.

    CHK for all of this has a conservative and cheap market capitalisation relative to other peers for an exceedingly strong FA story that is evolving
 
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