ALR 25.0% 0.5¢ altair minerals limited

CHK - Disallowed Potential 220M structure $4m Market Cap 0 Cash, page-179

  1. 432 Posts.
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    Sorry about the mix up before. I'm not new to investing but I am new to mining. Never thought of investing in mining shares til recently. I'm curious why so many feel this is the premiere cobalt explorer on the asx? Happy to learn from more experienced posters, of which there seems to be an abundance here. That's what peaked my interest.

    I don't think much quality info was given by the company, this is what I've found:

    Mt oxide has 203,000 tonnes of copper and 8300 tonnes of cobalt.
    http://www.perilya.com.au/articles/...ontained-copper/080219_Mount_Oxide_Update.pdf

    It also has some high grade cobalt intercepts.
    http://www.perilya.com.au/articles/...t-mt-oxide/080819_Mount_Oxide_asx_final-1.pdf

    Mt Gordon has a resource of 162mt copper at 1.28%
    https://www.adityabirlaminerals.com.au/downloads/File/pdf/df263d996281d984952c07998dc54358.pdf

    Its being reopened this year as Capricorn one.
    http://www.abc.net.au/news/2015-12-...-for-mount-gordon-mine-near-mount-isa/7020380

    It seems the most interesting play is the old mt cobalt tailings. Though if 722 tonnes of cobalt was extracted in its life time not sure how much will be there.
 
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