The costs for developing , I think Ridley alone , is upwards of...

The costs for developing , I think Ridley alone , is upwards of $2 billion.
Not worth Atlas capital raising & therefore diluting the share issue for this.
The present model of getting ore onto boats now is their first priority & rightly so.
Cash is King as they say & will only further demonstrate to the market that they are a more than a viable business which is now making profits , of which will only increase steeply as the next two years high IO prices stay relatively as they are now , as forecasted.
Getting an upgrade into the ASX 100 will only further our cause.

Barring the possible contagion effect of the middle east going haywire ( quite possible ) then Atlas is as sure a thing as you can get...even at these prices.

We also still have the impending announcement of Atlas sharing the BHP Goldsworthy line....that by the way is a prediction of mine that is close to being finalised.

We also have our good man Mr Flanagan going on a global roadshow to the USA , London , Singapore & HK shortly .
His charisma will win over many investors especially as I said earlier he can market Atlas as a ASX 100 share or at worst ASX 200.....not sure when the re-rating of this is done.

All again my thoughts....Happy Trading....