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ATU atrum coal limited

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17/09/20

18:12

Post #: 47428092
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Originally posted by edgemac: ↑

Agree it is possible a bit early. The next big milestone (think) will be mid next year (2021) with the publication of the PFS. That is more likely as a timetable if there has been good progress towards the DA work required by then. That will enhance the attraction. However, in the meantime there could be an attraction to a steel producer to sure up their own coking coal supply line out 5 years plus supplies with some kind of off-take options subject to permitting progress (assuming that Atrium have the intention to become a producer, not just a developer). However all just pure speculation based only on my perceptions of the quality/value of the resource. DYOR.

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the next big target is the end of the year when they will ad a big uptick of reserves from inferred to indicated status

ATU Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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