ATU 0.00% 0.5¢ atrum coal limited

Where are you getting the 800K from MR The amount owed to Anglo...

  1. 128 Posts.
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    Where are you getting the 800K from MR
    The amount owed to Anglo was 2mill USD
    ATU paid $600K cash, and then owed Anglo 1.4mill US, 1.8mill AUD
    I'm glad they have kept their powder dry. I would rather see them preserve cash, and get into production first
    Yes we are giving a lot away in the future, but by that time i expect the company will be earning so much money, a royalty of that size would be quite insignificant, IMO
 
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