this weekend........

The story of our little ATI will be well known.

The traders (god bless them) will find ATI in their stock screening software due to the price spike and/or volume spike.

Assuming we can close above 3.5 cents today, the chart is looking good for a test of 4.7/4.8 in the short term.

We have just broken the trendline which has been trending down for some time. In fact, we have just smashed through the trendline on good volume. The bollie bands will take a day or two to catch up.

News to come soon;

A) Confirmation of procurement of finance on favourable terms for Vanadium project
B) More information and time lines for completion and commissioning of the Vanadium plant
C) Progress of the Bauxite project in Vietnam (this project and associated finance is sure to help)
D) Other potential projects.

All of the above will likely add support and push the sp higher with new waves of buyers.

If anyone thinks we should be at less than 4 cents or Market Cap of $40million, then by all means go ahead and sell.

Personally, I think the market cap will be at something closer to $100 million later this year.

Don't sweat the small stuff and don't get caught up in the minute by minute fluctuations in sp. Look at the big picture.

EVERYTHING has changed. This company has just gone from having a possible good project in Vietnam with no guarantees, to a near term producer of Vanadium which has a very bright outlook. Right place right time picking up an opportunity from the GFC.

Give it a few weeks people - there will be plenty of action to come - it has already started but will continue Monday!.