Ann: Atlas Investor Presentation September 2011 , page-2

re: Ann: Atlas Investor Presentation Septembe... Great presentation there. It lays out the present and explains the future plans in more detail than previously.

Notes-

Dividend of 15% of net profit (good policy-keep that up)
Confirmation the next phase of 6mtpa expansion will come soley from North pilbara by 2013FY
McPhee Ck expansion has potential to change the company

But i wonder if they have understated their Mt Webber / Daltons Expansion plans a bit.
They state moving to 12mtpa out of their North Pilbara assets alone by 2013FY. Now W/D is their biggest resource in the north and by far yet they are only stating expansion to 2mtpa, I think it will be more like 3mtpa as they have a 48mtpa resource, about 25? of it Nicely defined from that last resource update.

Maybe they are under playing it to make Altura their next T/Otarget... It's cheap.

Just stirring the pot ;)