AGO 0.00% 4.5¢ atlas iron limited

SINO should bid Atlas Iron, page-43

  1. 3,380 Posts.
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    Atlas is not dying, there is no reports or evidence that shows we are struggling.
    Last report shows positive outlook
    /Production Guidance on target
    / hedging in place
    / sensible risk mitigation approach / Risk Management
    / an new IO blend with lower impurities already getting higher price than standard fines selling to chinese customer this qtr gone
    / over 50% production is Lump premium
    /DSO Lithium gate sales this week
    / Royalties from Altura next month
    / 1billion in resources (Chris Ellison wants this)
    /Mineral Resources want we have ( badly) to get their BOSS light rail system viable & the system working
    /Mineral Resources will save $180,000,000 - $200,000,000/year in COSTS if they T/Over Atlas and use Atlas IO resources
    /MinRes need Atlas IO resources to get the BOSS system fully utilized to the 20,000,000 tonnes of Iron Ore (he needs Atlas IO to get this up to the 20mill tonnes)
    /Chris Ellison WANTS ATLAS to make his " GoldenChild' BOSS light rail system realized
    if the TO falls in due to shareholder vote "NO" Ellison will be desperate then, he'll prob pay cash the Atlas shareholder asking price of btw 6c-12c/share
    / or JV with Atlas for the IO & Port giving us Rail utilization
    / thats all Atlas need is RAIL to reduce the costs/tonne by $10/tonne includes CFR savings
    / Sinosteel partnership
    / Manganese JV + more to come
    / more JV's
    / highly lucrative access to Utah Port allocation (that MinRes are salivating over) cause MinRes already have some Port Allocation at Utah they need Atlas's 13 million tonne access
    /Global infrastructure upgrading 3rd world conditions has started (India Africa SE Asia Country China) - need more steel for that
    / one-Belt-One Road...........................
    /.../.../...
    /Shareholders up in arms ready for changes to the Board of Directors for removal of all the BODdebt Holders & the Chairman
    /Lawrenson too he may end up going too
    im exhausted typing them all up the good things that are going for Atlas that will reflect on their balance sheet this 3rd qtr and the 4th 2018 2019 2020 and so on
    Last edited by BlueSkies1711: 12/04/18
 
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