AGO 0.00% 4.5¢ atlas iron limited

Given from the figures above the maximium net debt position Jan...

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    Given from the figures above the maximium net debt position Jan 2017 is $40m.

    From the figures in first post net profit Dec 2016 quarter say $60+million.

    Now I've had time to think about it, I'm thinking they'll go close to a zero net debt position end of January 2017 when they announce Dec quarter figures.

    $80m cash on hand, $80m debt to be paid.

    I'll be shocked if there isn't a TO attempt by June 2017.
    Last edited by eyeswideopen: 20/12/16
 
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