ATU 0.00% 0.5¢ atrum coal limited

Some other key positives: 1. Canadian approaching Summer - ideal...

  1. 20 Posts.
    Some other key positives:
    1. Canadian approaching Summer - ideal on-ground mobilisation and development window
    2. ATU should have - Detailed planning and logistics plan in place ..... can now just press the "GO" button. Hope this means immediate work to extract and ship the 100k tons before Autumn/Winter - so next 6 month should be busy + news flow regarding: on site works, extraction volumes progress, shipping volumes progress + much more etc.
    3. Bulk Sample(s) will be sold @ say net USD200/t = $20m to working capital. Am not clear "when" ATU will actually receive this CF and how/if this impacts on potential capital raise requirements in the near term (next 3-6 months).

    Would like to hear soonish from ATU regarding the specific next steps and forecast time frames through to full mining approvals. Constant news flow will keep the SP ticking backup to where it should be over next couple months ($1.50+ IMO once bulk samples are on their way to customers).
    Excellent outlook going forward - as I would guess Bulk Sample permits would not likely be granted if Full Mining Approval were not also likely indue course (subject of course to full application)

    As with each de-risking step we should see SP firming up. ATU onward and upward.
    Patience is difficult to attain quickly. Well done ATU Board and Team.
 
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