I'd say Altura are just new to it all and some of the sentiment for their stock would be on the back of Pilbara. The MOU for offtake was interesting but appears to still rely on price price negotiation which shouldn't be too difficult at the moment. Galaxy General achieved with their off take agreement.
I wonder what company is going to be the next one to be taken over. Rio Tinto are on the hunt at the moment along with BYD.
GMM Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held