Ann: Header Correction - Atlas on track for 10Mtp, page-12

re: Ann: Header Correction - Atlas on track f... Domster, the credit facility is not a concern for Atlas. It is a concern for the big end of town when they consider investing in a relatively small operation in a time of volatile commodity prices.

AGO now has a big pile of potential risk sitting within easy reach and if they start drawing down on that credit the SP will probably get much worse. There are lots of "ifs" associated with this stock and the market does not like risk right now in any shape or form but especially debt.

You mention FMG and their debt. This is linked to AGO because it wasn't long ago that FMG were nearly forced to the wall by their debt but they have twiggy the master magician on their team and they are also too big to fail from a govt point of view. FMG were able to save themselves. The same can not be said for AGO so the risk is very real and that's why the SP has not rebounded anywhere near it's previous levels.