"Atlantic is the 100% owner of Midwest Vanadium Pty Ltd, the Windimurra vanadium project."
"AVHPL is a wholly-owned subsidiary of Atlantic Ltd (Atlantic) and owns 100% of the issued capital of Midwest Vanadium Pty Ltd (MVPL). MVPL owns the Windimurra vanadium project. "
Depends what the administrators do with the project or if an agreement can be reached. Likely the note holders will take it and sell it.
So Atlantic Limited will be looking for a new venture. There's always the Vietnam Bauxite project but nothing has happened to date.
I have already written this down to a big fat zero in my records pending a miracle. Lucky I only put a couple on this but always ouch.
IMO etc
ATI Price at posting:
17.5¢ Sentiment: None Disclosure: Held