i wouldnt be to sure about that I just watched the MD's video that groundhog told me to watch and from what I seen or heard wasnt positive enough for me here are some of his statements as per video and please correct me if I am wrong.
we are in the timeframe to restructure / dont have all the details as yet
we are a high cost producer with a low grade product
we can still see we have a niche market to selling lower grade IO
our costs are still high because we have to truck into port with no other options
we have had a tough history and strong platform
our balance sheet is improving
looking into other area's re lithium etc but that was might look into them no guarantee of any further possibilities other than a low grade IO and high cost producing company that still keeps siphoning money down the big sink hole
also stated the dark days are over for atlas
how much more darker can you get before its all gone and after watching that video you dont have to be a rocket scientist to know if they dont explore other avenues just being a high cost producer of a low grade IO will not keep you around for too much longer IMO
but please watch the video and make you own assessments on whats going on over there
AGO Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held
