Great news. Pretty obvious this was coming given the way Atlas has held up amongst a negative market the past few days.
I re-opened the margin loan Wednesday...and bought a few more.
While terms are undisclosed, the fact the deal runs until mid 2012 suggests it would be a good one Atlas. I would have been worried by a 12 month contract.
I also notice $95m still in the bank. Very reassuring given the level of exploration Atlas has been undertaking the past few months. Suggestions from others that the previously stated $100m would soon be gone appear unfounded and in all likelihood, just downramping.
Long term, I believe Atlas is a great investment.
- Forums
- ASX - By Stock
- AGO
- congratulations on off-take agreement
congratulations on off-take agreement
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online