AGO 0.00% 4.5¢ atlas iron limited

Whats plan B?, page-6

  1. jtp
    212 Posts.
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    McAleese Group 29 August 2016
     
    Atlas Iron Limited (ASX: AGO) notes that a Voluntary Administrator has been appointed to its main trucking contractor, McAleese Group, effective today, 29 August 2016.
    Atlas advises that, based on the information available to the Company at this time, trucking of ore from its three mining operations will continue as normal. The Administrators have informed Atlas that they will be continuing business operations in the normal course with the full support of McAleese Group Management and Lenders. Atlas is currently trucking ore to Port Hedland at annualised rate of 14Mtpa to 15Mtpa.
 
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