ATU 0.00% 0.5¢ atrum coal limited

Ann: Elan Project Updated Scoping Study Presentation, page-9

  1. 85 Posts.
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    yes I agree, quality of the product and location I can only see it being snapped up.
    when doing the per share Val don’t forget the options that are still on the table, equates to around 700m shares at this stage. There were 159m when i bought in. Been sitting in these for a long time.
    pure speculation but I think Hancock (Gina) or Teck are the obvious suitors.
    the land holding is huge.
    still JV with Jogmec but this is the jewel in the crown.
    surely we can’t sustain such a low Mcap.
    just the one mine mentioned >$4B post tax revenue life of mine.
    would be great to see production at some point.
    maybe JV with Teck??!!

 
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