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clock Created with Sketch. 06/03/17
14:52
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Originally posted by Mutley8
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I looked back at that email you suggested I send in to them. It ticks some of the boxes for me so I'm stoked. Visibility to the market is better but perhaps they were doing it duck fashion. Calm and quiet and motionless above the water and feet frantically at work below the surface.As of today Atlas is cash positive for the first time in its history. (surprise the market if it happens earlier or on the actual date it happens).ASX200 list (which qualifies you for some Fund Manager’s hit list)credit rating increases before June 2017.Cash cost reduction major focus in 2017 for new management.Strategic review of the business exploring opportunities in diversification, acquisitions and joint venture partners. Consideration to increase IO production to 20-25MTPA during FY 2018/2019.Dividends and/or Consolidation plan under consideration, outcome announced Q2 2017.accelerate CD development prior to Q1 2018 to capitalise on the current high IO prices.current hedging , etc to re-inforce the careful and controlled approach.dedicated AGO rail solution .saves $3 a tonne .increase CD by 50% to a total Ore reserve of 33MT . Production to increase by 50% to 6MTPA.Pilbara Port price relief extended to July 2018. higher payload road trains.
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Mutley, Care to let us know how Atlas will increase their production from 12mtpa
