Atlas is not only a multi location but also poitentially a multi commodity company. In Iron Ore we have Pardoo, Wodgina, Abydos, Mt Weber, Ridley and with merger Warwick.
But also Atlas owns almost 43% of Shaw River that is now focusing on Manganese DSO exploration in Australia and ptentially now Africa as well. There can also be signifcant upside over the next few years related to this investment. Shaw also have signifcant ground in the East Pilbara so there could be further Iron ore deposits as well.
being a patient long term investor I can see Atlas being tranformed into a A$ 3 billion company (or more)in the next 2-3 years and I will stick around for the ride.
BR max
AGO Price at posting:
$1.89 Sentiment: LT Buy Disclosure: Held
