You got to like this extract, appears Hartleys have let the cat...

You got to like this extract, appears Hartleys have let the cat out of the bag

"We understand that a deal is close to being finalised,
potentially before the end of the year; however we would not be surprised if it is delayed until January 2010.
Ridley Sale May Surprise to the Upside
We expect the Company to realise at least $150m for the sale of 70% of the project. We believe that this is at the higher end of the markets expectations, and implies an overall value for the project of $214m. If the sale price meets or exceeds this value, we expect the market to view this very favourably as it will give Atlas just under $300m cash (~60cps) to use for its planned production increases, and will also mean that the Ridley deposit is closer to being developed."