ATU 0.00% 0.5¢ atrum coal limited

Ann: Atrum Coal Secures Port Capacity for 1.5Bt G, page-3

  1. 364 Posts.
    re: Ann: Atrum Coal Secures Port Capacity for... I'm surprised how little the market has reacted to this announcement. Most people expected something like this to come out, but the quantities (1.5mt initially and 5mt eventually) are much larger than expected.
    It makes Port Stewart a viable option for several years and potentially saves the company from building out the rail line to ship coal from Prince Rupert. This is a big development and I'm sure the market will catch up once the news is digested over the coming hours/days
 
watchlist Created with Sketch. Add ATU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.