ATU 0.00% 0.5¢ atrum coal limited

yeah Roller, I've seen it. The usual glossy interview, can't...

  1. 21,239 Posts.
    lightbulb Created with Sketch. 9


    yeah Roller, I've seen it. The usual glossy interview, can't divulge any info not already known. But I didn't hear any mention of development costing or indeed any financial guts in the piece.

    I like Atrum but didn't get in early enough to be a big winner.

    When I posted I thought ATU was currently 'pricey' I'm thinking that a lot of expectation is already factored in. Now he mentioned 'massive' increase in the interview, so let's suppose they announce double the current resource, will that double the sp? definitely not. There will IMO be an sp increase on their next announcement but I don't think it'll be earth shattering, the market expects it to be good.

    what about time frames? they'd be three years from anything like production? I'd like to see them gobbled up by a bigger player rather than wait around for that - unlikely scenario though.

    still, it's all good so far.
 
watchlist Created with Sketch. Add ATU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.