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0.5¢ atrum coal limited

Agreed. That said... the biggest near term price re-rating...

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wirapundi

190 Posts.

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26/10/20

18:59

Post #: 48398283
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Originally posted by edgemac: ↑

A good activities report with an estimate on some key milestones :
"Following completion of the 2020 drill program, an interim update to the overall Elan Project resource is
on track for completion in 4Q 2020.
The Elan Project PFS remains on track for completion by mid-2021."Plus there is an indication of the continued work program over the winter months:
"Large-scale carbonisation tests (+500kg moveable wall oven) are also set
to be conducted over coming months. Hydrogeological studies, First Nations and other stakeholder
consultation, and environmental baseline sampling remains ongoing."IMOHO, this project is progressing as well as can ever be expected in this social media world and the resource also looks first class - IMO again.

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Agreed.

That said... the biggest near term price re-rating catalyst is what's happening with our neighbors at Grassy Mountain. The public hearing starts this week:

https://calgaryherald.com/business/local-business/joint-review-panel-hearing-into-proposed-800-million-crowsnest-pass-coal-mine-begins

Hopefully a quick turnaround for an approval.

ATU Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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