Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

503 Pages (Click to Jump) V   1 2 3 4 > »    
 
  
Reply to this topic

AGO, ATLAS IRON LIMITED
blacksheep
post Posted: Jul 2 2018, 04:09 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jul 1 2018, 08:40 PM

Looks like the end of this billionaire battle smile.gif
Fortescue Metals Group fails to block Hancock Prospecting bid for Atlas Iron
https://thewest.com.au/business/mining/fort...n-ng-b88884044z



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jul 1 2018, 08:40 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jun 26 2018, 01:40 PM

Berthing facilities at South West Creek in Port Hedland still in limbo over Atlas sale

Stuart McKinnonThe West Australian
Saturday, 30 June 2018 4:00AM
QUOTE
Speaking in the Pilbara yesterday, Mr McGowan confirmed the Government’s position on South West Creek was that it was reserved for junior miners.

“But obviously I think we have to work to provide some clarity for the mining sector about that issue, so we’re going to engage in some conversations to get some clarity and some direction for the industry about it,” he said.

“The market resolves a lot of these issues themselves (but) the Government, the minister, the port authority and the department will make sure there’s a conversation and some clarity provided to the industry in coming months.”

Asked if the Government would speak directly to Fortescue and Atlas bidder Gina Rinehart’s Hancock Prospecting, he said: “We’ll talk to all of them.”

https://thewest.com.au/business/berthing-fa...e-ng-b88882373z



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jun 26 2018, 01:40 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jun 20 2018, 01:42 PM

Battle for Atlas Iron turns nasty

Stuart McKinnonThe West Australian
Tuesday, 26 June 2018 12:59PM

QUOTE
The battle for control of Atlas Iron has taken turned nasty with Andrew Forrest’s Fortescue Metals Group accusing Gina Rinehart’s Hancock Prospecting of “misleading statements” and “material omissions” in its bidder’s statement for the junior miner.

A Fortescue subsidiary, NCZ Investments, has called on the Takeovers Panel to intervene and make orders that prevent Hancock from dispatching its bidder’s statement or releasing any further information to the market while the Panel considers its application.

And for Hancock to be restricted from acquiring any further shares in Atlas until “further corrective disclosure is released”.

The panel has not yet decided whether to conduct proceedings into Fortescue’s application and says it makes no comment on its merits.


read more - https://thewest.com.au/business/mining/batt...y-ng-b88878128z
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jun 20 2018, 01:42 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jun 18 2018, 01:23 PM

No counter offer from MIN

QUOTE
20 June 2018
Mineral Resources Limited (ASX: MIN; MRL) refers to its announcement dated 18 June 2018 noting the offer
to be made by Redstone Corporation Pty Ltd to acquire all of the ordinary shares of Atlas Iron Limited (Atlas)
at a price of 4.2¢ cash per Atlas share (Redstone Offer) and the announcement by Atlas of 19 June 2018 in
relation to MRL’s scheme proposal for Atlas.

MRL has determined that it will not make a counter proposal to the Redstone Offer.

Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jun 18 2018, 01:23 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jun 14 2018, 02:54 PM

Hancock lobs a higher bid

QUOTE
OFFER TO ACQUIRE SHARES IN ATLAS IRON LIMITED
Redstone Corporation Pty Ltd (Redstone), a wholly‐owned subsidiary of Hancock Prospecting Pty Ltd 
(Hancock), is pleased to announce an all‐cash offer to acquire all of the ordinary shares in Atlas Iron 
Limited (Atlas) in which Redstone does not already have a relevant interest, at a price of $0.042 per 
share (
Offer).  




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jun 14 2018, 02:54 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jun 13 2018, 11:05 AM

Looks like the Minister of Transport; Planning; Lands just put out the fire under AGO sad.gif SP down 15.75% currently @ 3.75c
QUOTE
Atlas Iron Limited (ASX: AGO) advises that North West Infrastructure (NWI) has received notice
from the office of the Minister for Transport, Planning and Lands that implies that NWI does not
have a priority right to develop Stanley Point Berths 3 and 4 in the Port of Port Hedland, Western
Australia.


The Minister has confirmed that Stanley Point Berths 3 and 4 are set aside for junior miners. The
Minister advises that the Pilbara Ports Authority will assess any application by NWI to develop
these berths on its merits in accordance with the Pilbara Ports Authority’s standard port
development processes.

Atlas considers that this position is contrary to the previous stated policy of the Western Australian
government and is considering its position with respect to this notice.

Attached thumbnail(s)
Attached Image



 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 


blacksheep
post Posted: Jun 13 2018, 11:05 AM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jun 12 2018, 08:31 PM

In a Trading Halt - "
QUOTE
pending an announcement by the Company in relation to
correspondence from the Minister of Transport; Planning; Lands in relation to North West
Infrastructure

Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jun 12 2018, 08:31 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jun 8 2018, 04:20 PM

Looks like Gina Rinehart smile.gif Getting interesting

Rinehart buys stake in Atlas Iron: report
Mining magnate Gina Rinehart has reportedly joined Fortescue Metals in taking a significant stake in junior Pilbara miner Atlas Iron.
Drew Cratchley
JUNE 12, 20186:27PM
QUOTE
Gina Rinehart's Hancock Prospecting has reportedly bought a significant stake in junior miner Atlas Iron, less than a week after Andrew Forrest's Fortescue Metals Group made a similar move on the Pilbara-based outfit.

Hancock Prospecting, which operates the Roy Hill iron ore mine in Western Australia's Pilbara region, has purchased a 19.6 per cent stake in Atlas Iron, according to a report in The Australian.

Trading in Atlas Iron shares has been heavy: more than 850 million shares changed hands on Tuesday - equal to about nine per cent of the company's listed stock.

Almost 1.2 billion shares were traded on June 8, and more than 2.3 billion shares were traded on June 7, the day Fortescue Metals bought a 15 per cent stake.

Atlas is currently the subject of a $280 million takeover bid from Mineral Resources.

The Atlas board has supported the offer, which the suitor has said will enable both companies to maximise the value of their low-grade iron ore deposits in the face of a tough export market.

A vote on the deal is expected in July.

Fortescue's $56 million investment in Atlas last week took its interest in the company to 19.9 per cent, with the Forrest-controlled operator saying it would not support the Mineral Resources proposal.

Atlas operates two iron ore mines in the Pilbara, owns two undeveloped projects, and has an interest in the construction of a port facility capable of handling 50 million tonnes of exports each year.


https://www.news.com.au/finance/business/br...222b4b0a4511392
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jun 8 2018, 04:20 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jun 7 2018, 12:05 PM

Massive close - SP jumped from 3.8c to 4c after the close. FMG again or someone else?
Ann just in
QUOTE
Atlas Iron Limited (ASX: AGO) has reached agreement with Mineral Resources Limited (ASX: MIN) in
relation to amending the Scheme Implementation Deed dated 8 April 2018. MIN has consented to
waive clauses 10.2 (No-shop), 10.3 (No-talk) and 10.4 (No due diligence) to the period ending 22 June
2018 to allow AGO to explore discussions with other parties.




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jun 7 2018, 12:05 PM
  Quote Post


Posts: 6,217
Thanks: 2204


Fortescue announces acquisition of a stake in Atlas Iron

QUOTE
Fortescue Metals Group (ASX: FMG, Fortescue) has agreed to acquire 15.0% of the ordinary shares in
Atlas Iron Limited (ASX: AGO, Atlas Iron) at a price of A$0.04 per share. In addition, Fortescue has an
economic interest through a cash settled swap relating to notional shares equivalent to approximately
4.9% of Atlas Iron’s ordinary shares.

As a result, Fortescue has an aggregate physical and economic interest in 19.9% of Atlas Iron’s ordinary
shares.

Fortescue does not intend to support the proposed Scheme of Arrangement between Atlas Iron and
Mineral Resources (ASX MIN, Mineral Resources) on its current terms, but reserves the right to do so.

A substantial holder notice and further details of the swap will be lodged in due course.

Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


503 Pages (Click to Jump) V   1 2 3 4 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING