Hi Everyone. I sold my holding at 21c the other day. Not because...

Hi Everyone.

I sold my holding at 21c the other day. Not because I don't believe in the project but because I can't at the moment see a catalyst that is going to drive the project up to 30c and beyond to try and avoid mas dilution. I think that was evident when the price couldn't hold the 24-25c mark and people were selling out.

Project metrics are outstanding but the market knows that a CR will be required and hence I believe the price decline. That coupled with the project producing at least 24 months off minimum I think the market will come back too this later, as will I.

Still plenty more to come out in the wash with this one and Iggy is going to need some more cornerstone investors to step up to the plate to avoid a mass dilution of the SP.

I keep an eye on ATC everyday and wish those that are holding strong the best of luck.

My prediction is the SP to drift and float between 15-18c. Below 15 is a solid buy and worth a punt.

Cheers.