ATU 0.00% 0.5¢ atrum coal limited

Ann: Half Year Accounts, page-2

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  1. 1,680 Posts.
    lightbulb Created with Sketch. 107
    OK. Nothing here we don't already know & all appears good for future progress.
    The lack of a CEO is (IMO) causing bad pressure on current share price.
    We are now in a delicate position that could become a Company "make or break""deal..
    Current cash burn gives us another 12 months max-- plus another 3 months if we get the METC.
    A lot depends on sales from Atlantic deal--if we get the projected 200,000 t by Xmas we should get a minimum additional $5m-giving us some more cash to get GHN moving FINALLY.
    It will be essential that we become a cash producing venture by May at latest. DWJD

    Am I clutching at straws or do any of you agree ????????????
 
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