The 8mil up front was only the start, they were issued more shares for nothing more than accepting Atlas was in a better financial position (as loan had been paid down) than it was when original limits put in place so lift in limits justified!
Was it necessary?
As I posted at the time imo NO!
Just keep paying off the loan and wait to see if IOP justified an investment that was further from port with lower Iron content was the intent of my posting at the time!
AGO United - Start The Voting, page-195
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