Seems like another steal and the way the announcement reads is that GDA approached us knowing that they didnt have the capital to get this project going. Good synergies for us and more tonnes to get us to that critical mass for rail. If you look at the map in the ann, they are basically filling in the gaps, leading to yet another large project. Fe mining is all about scale!
Seems like GDA holders arnt all that pleased, i wonder why we are paying incramentally can easily afford to pay for it all up front
- Forums
- ASX - By Stock
- AGO
- News: Atlas Iron buys new Pilbara project
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online