Jul. 29 at 8:47 PM
$ATLX I'm trying to understand the market's current view on ATLX.
Fundamentally, I still see a permitted project, Mitsui as a strategic partner, the DMS plant delivered, and management stating they're on track for production... Yet the stock keeps making new lows.
My biggest concern is financing? How much additional capital do you realistically think ATLX still needs to reach commercial production?
No equity raise?
Small raise (
$20–30M)?
Larger raise (
$50M+)?
Is the current valuation simply pricing in a major dilution, or do you think the market sees a bigger issue that I'm missing?
Looking for thoughtful opinions, especially from people who have gone through the latest filings.
