Jul. 14 at 9:54 PM
$ATLX A third-party NGO filed a court challenge that delayed the expansion approval by many months and the affected community publicly repudiated that challenge. CEO Mark successfully navigating the technical, political, community, and legal process is evidence that management executed an important part of the plan. I would call it a significant management achievement, particularly because permitting is often one of the most difficult parts of developing a mine.
And while the expansion permit application remained pending, CEO Mark acquired and transported the plant, assembled Brazilian engineering and construction partners, and worked on lining up two
$20 million (non-dilutive) strategic investors.
