ATU 0.00% 0.5¢ atrum coal limited

SUX, page-46

  1. jfe
    119 Posts.
    lightbulb Created with Sketch. 3
    DWJD - I would like to think it will be sooner, but realistically these things typically take longer than you think. There's a process for everything and no doubt these Japanese companies will want to do thorough due diligence before parting with a decent chunk of cash. I have no idea how long it will actually take, but I would prefer to give the company longer to get it done and see it come in early, than sit here thinking it's just around the corner and get annoyed when it drags on...if that makes sense. Let's not forget, Atrum currently don't even have a bulk sample permit...I'm not sure these Japanese companies are into punting, so I assume they will want to see that locked away at a minimum before contemplating taking an equity stake in the project.
 
watchlist Created with Sketch. Add ATU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.