Atlas Iron Limited’s
(ASX:AGO) Chairman David Flanagan says he is confident Atlas can complete its $680 million Pilbara expansion.
Mr Flanagan says the company owns 100 per cent of most of its projects and has strong cash flow.
The iron ore producer says it may not need to take on additional debt funding.
Analysts are sceptical, amid soft iron ore prices.
Atlas recently revealed it is in talks to sell its interest in a uranium prospect outside of the Pilbara region.
Atlas booked a net loss of $114.6 million in the 2012 financial year.
