If we can demonstrate a mine life of 8-10 years we should be...

If we can demonstrate a mine life of 8-10 years we should be able to generate a market cap equivalent to 8-10 times our annual cash flows.
“If Atlas’s enterprise value at the moment is $800 million and we have a magnetite asset, DSO cash flows.
“If prices stay as they are, we think that next year we have a very good chance of generating $250-300 million in free cash so you would think that then the share price has the potential to triple.”

Market capitalisatiOn
$1.03 billion (at press time)

Should I continue.....
WELL there not generating 250-300 million
Now it's closer to 400 million.

DYOR
GLTA