AGO 0.00% 4.5¢ atlas iron limited

Hmm I think that we are missing a few points with the...

  1. 47 Posts.
    Hmm I think that we are missing a few points with the speculation.
    Firstly, the company did announce that the merger would not delay the sale of Ridley. This may or may not have changed.
    Secondly, I do believe that there is value in your comments that there may be a delay, as previously posted AXO resources could be used to sweeten the deal if the merger is successful. The Ridley partner may be given preferential sale of Balla Ball off take to yield potential synergies.
    Both Aurox and Atlas share holders stand benefit from the sale of Ridley. If this deal is lucrative it would be beneficial to push the deal out ASAP in the interest of boosting atlas share price and therefore Aurox, making a rival bid for Aurox all the more expensive.

 
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