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Lithium & The Future, page-38

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Romann

2,832 Posts.

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21/09/15

17:41

Post #: 16031120
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Originally posted by ozblue ↑

Actually, Romann and Oscar for that matter, I'd like to thank the 2 of you for the very robust discussions we had when I first commented about Altura. It made me do a lot more research on it and come to the conclusion that it was undervalued compared to PLS, not understood by the market, and had to play catch up at some point.
Were they just to sell the lithium resource, you would be looking at a 8 figure number, especially with the mining application already applied for, so basically the $15m debt to the coal vendor doesn't matter at all.

So yes thank you very much for making me research and then buying on the lovely pullback to 1.4c.(Mind you I should have spent it on the options instead, but the heads can be kept for Cap gain purposes).

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You're welcome mate. A little research and some kahunas to take a punt goes a long way sometimes. The writing was on the wall, it was just shrouded in doubt. Think there is going to be some volatility in the pipeline but in a happy buffer zone now so as they say, let her ride. News flows to come

AJM Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
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Price($)	Vol.	No.
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0.031	374484	6
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