ATI 0.00% 17.5¢ atlantic limited

Ann: Windimurra Project and Forecast Update , page-7

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  1. 23,765 Posts.
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    The magnetite offtake is a redherring

    page 11 of the presentation today shows the magnetite input only drops OPEX per Kg on Vanadium produced from $15.70 to $15.00 and there is plenty of profit margin without it .

    I think though ATI has a big loan of several $100 million at around 11% interest thats more of a concern as they seem slow to ramp up and will have big interest repayments.
 
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