I said this a few weeks ago but i will say it again... I question whether Atlas is worth more than $4 given current production.
The catalyst however is the sale of the MAG projects, which i really wish would go away soon.
Good i guess to see the article a week or so ago about the breakdown in talks between DF and China over the projects, i guess that means Atlas are still working on these.
The question i have is where is the cash going to go , I would hope sorting some more Port would be a good idea. MGX is the same ATM cash cow, over $300 mill in the bank , but exactly where its going is unknown.
cheers
Snake
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