performance rights plan, page-7

Well said Talentless your are well aware of the hopeless state of this company.They somehow continue to be allowed to raise funds and deliver no returns for shareholders.Cant believe that some holders think that Mount Marion which has been officially shelved and Barrambie which needs 700 million dollars will be developed and operational soon.Holders need to realise that Atlantic ASX code ATI is on the brink of collapse with its much hyped vanadium project unable to produce.There is no chance of development at Barrambie while Windimurra is failing.

The bankable study at Meeka and the markets reaction to mark the stock down raises the question that they possibly wont be getting the 36 million required or it is going to come at a high cost.After all the return is not flash only 66 million over nearly two years.That 66 million if they dont have any production problems and it is achieved will be well and truly cut down by tens of millions by the time you pay all the head office costs and other exploration.They might net five million(no hiccups at Meeka) a year for shareholders of which there will be around 400 million shares out there.The most likely outcome will be a poorly run operation at Meeka by an incompetent board and more capital raisings on the promise of riches to shareholders.