Ann: Operations to Continue at Abydos and Wodgina During May, page-50

If I was Atlas board of directors, I would try and split the company to two, if there were no offer for asset sales.

Two entities as:
1. Smaller revised Atlas Iron that has only the Horizon 1, Horizon 2 and infrastructure assets.
2. Spin-off Horizon 3 assets which include Midwest, Ridley, SE Pilbara assets, and remaining listed equity into new entity.

I believe this is the best way forward to minimize unneccesary capital expenditure on Horizon 3 assets and focus on cashflow maximizing for the trimmed down Atlas Iron.