Your post makes no sense!!
"wrong direction"??? ... we must be looking at different stocks
"Now a different direction" ... what are you talking about? The "different direction" is merely a listing rules technicality, as is the suspension. This because they will move from the INDUSTRIAL CONSUMER 25 Index, over to the MATERIALS MINING 15 Index. N ow they are a bauxite mining company, and no longer a pearl marketing company.
As for not getting excited, if this doesnt excite you, then nothing will:
"1.
Position Atlantic as the preferred bauxite development partner for the Vietnamese Government.
Atlantic will continue to work with Vinacomin and the Vietnamese Government to develop the country’s bauxite resources ..... It is expected the development of these resources, beginning with the Bao Loc project, will add significant regional and national benefits.
2.
Leverage Atlantic’s financing capability to examine other low cost, long life production opportunities.
This building process has already begun and the Board has received expressions of support from major financiers willing to support Atlantic’s vision. This strong financing capability will allow Atlantic to pursue the acquisition, development and operation of a stable of world class, low cost, long life production assets, with an initial focus on bulk commodities.
Atlantic has already begun the process of reviewing further mining opportunities with a view to building a world class business. Atlantic’s change of direction to a mining entity is subject to shareholder approval."
I can tell you that Michael Minosora is not interested in running a Penny Stock ... He left FMG to take on ATI to take it somewhere big .... this is just the beginning.
;)
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