ATU
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0.00% 0.5¢ atrum coal limited

Takeover Target

  1. Blade2008
    1,233 Posts.
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    16/09/20
    15:33
    Post #: 47390865
    ATU is a takeover target

    - high quality coking coal in Albert Canada
    - next to existing mines
    - Gina Rinehart bought mine next door for 900m
    - our resource keeps expanding
    - low strip ratio
    - tier 1 cost
    - next to power, water, workforce and rail
    - rail to port has capacity and port has capacity
    - $17m cash
    - no debt

    market cap $160m

    coking coal price on the rise

    Last edited by Blade2008: 16/09/20
    ATU Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

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