ALR 0.00% 0.4¢ altair minerals limited

I think it comes down to Olympic Domain putting their 20%...

  1. 3,630 Posts.
    lightbulb Created with Sketch. 1964
    I think it comes down to Olympic Domain putting their 20% interest on the market. Some mineral title holders aren’t in it to build a mine or to further exploration to prove something, some just want to flip for a profit and royalty. It’s purely the difference between private interest to small explorer to mining house. OZL almost went broke as Oxiana developing prominent hill and that’s a shallow deposit. I remember as I went large at 49c when ozl came out of suspension.


    It wouldn’t surprise me if it’s something down to timing of expenditure and the services those expenditures occurring. There are only a few labs or drilling contractors out there and therefore they may charge upfront before the service due to market conditions.

    best of luck holders
 
watchlist Created with Sketch. Add ALR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.