What a great result in operational terms, however, just as I type this, James Rosenberg from Macquarie downplayed Atlas' result saying of course that IO prices are bound to come down in the longer term, therefore 'can this be sustained?' blah, blah, blah, I only care that the company is deploying capital wisely, have been able to accomplish what they have up to now whilst remaining debt-free, profits have been lean admittedly but in time with scaling, infrastructure in place, and with intelligent, strategic alliances this company will be a goer. Management and the way it delivers is key here, and we do have top notch operators who continue to deliver. Solid quarterly, what more do people want?
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