I've posted this before on Atlas thread,
Atlas has a 1BT SE Pilbara resource( estimated at $5B ($5/T profit)if you can afford to build a railway line to it) to come back onto someone's books.
Pays for TO many times over.
Then add on the Atlas's Magnitite Resource( project) that is close to its port allocation.
My only question is how has it taken so long for someone to take this(Atlas) over?
Fair dinkum at current prices MGX could get Atlas for stock swop, maybe 20 Atlas for 1 MGX.
Easy money and asset grab!
Has management looked at a TO of Atlas?
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