Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Awkward moment when your nickel mine doesn't have any nickel in it
ยท Whilst the drilling results showed anomalous results for Nickel (Ni), copper (Cu), gold (Au) and PGE that are subject to further interpretation, economically significant intersections of these metals were not encountered in the drilling.
Babayu Lithium doesn't look too bad though
I agree, massive improvement, does ponder the question as to who choose the initial drills over these new ones considering they could have been mining at that rate for the last year. Either way, a big improvement and a 2nd on its way. The question remains as to whether it's enough to push it into the green and by how far. I'll await Q3 production figures before making a decision on dabbling again.
People need to get it in their head that Atlas don't care about the company they provide finance to, they won't stick around longer than they need to and if they can even make 3% on shares issued they will do it. We have seen it time and time again that they just instantly flip the shares if they aren't forward sold at whatever the price is at the time of the conversion.
As with any VAST update, a bit of crap sprinkled with gold glitter.Be interesting to see the market reaction, I have a feeling Atlas have already sold everything considering the random letup in selling pressure yesterday but we shall see