Sinosteel appears to have bailed out of Oakajee. Atas must look a compelling target for them. Share price is depressed. Ready made port. Excellent resource base in DSO. They have the funds to make Ridley a reality.
They have the funds and motivation to open up Waricks tenements were no doubt untold riches will be found . D/F has already stated he will fight tooth and nail to keep Atlas, so you would have to think their concerns are serious . Just a penny for your thoughts
AGO Price at posting:
$3.45 Sentiment: LT Buy Disclosure: Held