I bought back in at 17.5 maybe went a bit early. I am still bullish on ATC however for the longer term but this upcoming quarterly needs some meat in it in my opinion. Time to lay down a pathway to closing finance now. This has dragged on for a bit considering the KfW ann was in December last year from memory. They have been talking about JV's, steam finance term sheets and traditional finance avenues I just think its time to lay down the path too which way they want to go with it now.
I appreciate that Iggy and the team are endeavouring to get the best deal for the SH's. Now the 20m is out of the way it looks to be no more dilution on the horizon for the foreseeable future. Time to commit and get the ball rolling into construction mode. The metrics of the project are outstanding so is a small adjustment in the interest rates that much of a big deal when they are talking a payback of less then 3 years in the scheme of things when they're shopping around?
Anyway we await next week.
ATC Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
