ATU 0.00% 0.5¢ atrum coal limited

I think ATU could quite quickly become a takeover target when...

  1. 191 Posts.
    lightbulb Created with Sketch. 14
    I think ATU could quite quickly become a takeover target when the Groundhog resource is upgraded. My understanding is that (in general) Canada has relatively very few junior mineral explorers. And at least a few of the big boys will have their ears pricked up should Groundhog come in at the high end of its potential.

    That being said, ATU seem very focused on pushing towards production, and seemingly without some of the usual obstacles of environmental permits (eg BTU in New Zealand), or huge infrastructure spend.

    Either way: it’s hard to see these not pushing north of $1…

    Good times ahead.
 
watchlist Created with Sketch. Add ATU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.