"I would like to thank all the participating contractors and suppliers for agreeing to reduce their costs," Atlas Managing Director David Flanagan said. "This is of great assistance to Atlas as it works to implement the debt restructuring agreements over the next four months."
Brilliant, but are the board and senior management taking a haircut. DF could be getting a whole year's bonus for his efforts which would give him a $1.35m packet this year.
Corunna Downs? how they going to finance that - a placement? Remember cash must not drop below $55m under the new scheme.
AGO Price at posting:
1.8¢ Sentiment: Sell Disclosure: Not Held
