takeover rumors at the moment, page-11

Blythefan - i do agree that BHP is unlikely to be interested in Atlas, but wanted to comment on the "world-class" assets. Do some research on the Ridley Magnetite - this is a world-class deposit, 2 bt, ~30 year mine life, and will be snapped up by a mill that is looking for this steady, reliable source of magnetite. People turn their nose up at Magnetite being lower grade, but when the deposit is this size it demands attention.