china pmi stronger than expected, page-12

AGO has already been way over sold already, with the Aussie dollar dropping and Chinese PMI increasing, election fast approaching, AGO producing +10MT/Y, soon to announced railway opening up access to SE Pilbara and 46.5Mtpa of prized port capacity, with an industry-average profit margin of up to $100 a tonne places an implied value of $4.65 billion a year on this asset alone, currently $380M cash in the bank. Sounds like a pretty good investment to me, especially at this ridiculous share price of $0.775