does this explain the buying yesterday?

See announcement dated 27/01/2002

http://www.asx.com.au/asxpdf/20120127/pdf/423z8ryzdtw74s.pdf


Now that Atlas is currently in suspension and there's speculation that they will go into adminstration - I'm guessing NMDC will finally come out and give us what they've promised the past 3 years.

The world-class Ridley Magnetite Project, a 2 Billion-tonne magnetite resource, is strategically located within the Pardoo project area and is 100% owned by Atlas.

I'm sure many are sceptical about this - and I don't blame them, but the buy signs certainly point to something positive.

Above IMO