check this out6 Jan 2009 13:19
Atlas owes TMC USD4.8m which is due to be repaid from April onwards worth about 11p per share.
+ Cash in TMC plc about 12p.
+ More cash in associates.
+ BNC Nickel/iron ore stockpile about 323,000 tons worth a possible USD6m? (5.75*2200*323000*.015*.67*.15)
(value of nickel content in the stockpile = about USD 41m)
+ 56% of BNC mine including hard to get permits, assay labs, equipment etc
+ 100's of millions of tons of nickel laterite waiting to be scooped up
+ tens of millions of USD worth of exploration data invested