Nice to see some extra cash coming in and a new keystone investor (9.9%) on the register at the recent 54c cap raise price, hopefully it should help to assuage any cash flow or new CR concerns in the market, as expressed by @2ic in Post #:67668084.
I must admit to be a little nervous seeing Mr Tan Ruiqing's connection to Lomon Billions; I hope he is not a proxy for LB's chair, Gang Xu, given the shenanigans Xu engaged in over at IMA to get control of their HMC output despite pre-existing & binding offtakes with other counterparties, and to (successfully) secure his daughter, Ran Xu, a IMA board seat. On the positive side of the ledger the connection to LB could smooth the way for an offtake for the 70% of the HMC not committed to ATR's own needs.
ATR Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held
