Easy = AGO is the most unloved Large-Mid tier IO stock on the ASX today and will continue to be so until it lives up to its promise of securing a rail deal.
The worst management could have done was announce a deal will be final by end June '13, Then we heard rumours end of September '13, They best shut there mouth.
At least know there telling us the trucking model is good up to 15/mtpa
Unfortunately the shits out there and flies tend to stick to it.
Like Richie said in one of his posts, IO is at $150/t + AGO is shipping more than this time last year yet its trading at 50% less than 12 months to date, what a joke, What's it going to take for it to catch up to ARI/MGX/BCI/FMG 200/t IO price...seriously don't see that happening and don't see AGO sitting above $1.20 for more than a couple days.
AGO shitted about its rail timelines and it will now pay the price until the deal if any is done
The Jan report should be a ripper, Yeh so will ARI/MGX/BCI & FMG and the money will continue to be poured into those stocks and us suckers are still holding this piece of shit and why....All because of a choo choo train deal!
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