They almost sold it back in 2011 according to this report. I don't mind if he sells it, but hopefully more than a couple of mil like he did for Franciso!
"ATLAS Iron will sell the Yerecoin magnetite project in Western Australia to Cliffs Natural Resources for an initial $18 million cash, and is in separate talks with potential investors over its Ridley magnetite project."
http://www.theaustralian.com.au/bus...t/news-story/9fff48157211627f66fc17bd53c0ed47
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Dear Santa: Refinance, Buyback, Consolidation & Drilling?, page-66
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