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4.5¢ atlas iron limited

Ann: Change in substantial holding, page-19

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rkb

323 Posts.

51

10/09/18

12:30

Post #: 35495024
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Originally posted by rkb ↑

I understand what you're point of view and concur completely. The FCC should be considerably less in the current quarter than in the previous quarter. This, combined with the lithium income and the absence of the $3m break fee are pointers to a much stronger result without any other changes.
There are three things which I cannot understand at all.
Firstly, why are the current directors and management hanging around? Surely, holding 75% she would not want them making too many decisions without her nod of approval.
Secondly, she was on about 55% and 20% changed hands at .043 and now she has 75%.
Thirdly, what is the company doing. Mining activities, shipping, mine gate sales, costs and sale prices are all unknowns for at least two months. Hopefully ASIC or ASX are asking some questions in response to my approaches.
Good luck guys

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I guess what I am saying is if we are being given so little information now and Atlas is delisted what are we going to be told if delisting occurs? Nevertheless less I don't see delisting being an early option for Gina.

AGO Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

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