IMHO. many 'No' voters here claim to understand the Pilbara and the Atlas business but probably most bought high and think they will lose from this script. Take MinRes shares, be patient and you may just make amends for your poor investment decisions. My belief is, Atlas, under its current hedging and contractor arangements is screwed and will continue to bleed money. DSO, manganese and higher IO will not save Atlas. Im sure most here reside in the East and have no real appreciation of the realities of Pilbara conditions or Atlas' reputation, nor the Port leases and allocations, approvals, native title etc. IMO Atlas will never secure support to expand. But the MinRes deal may just assist in turning the Atlas operations and tenements profitable. Take the MinRes shares be happy and get rich but DYOR
AGO Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held