For those eying AGO as buy, then consider that at US$100 for iron ore, AGO would deliver an EPS in the vicinity of 0.04.
Apply any PE you want, but current price of $0.74 is a forward PE of 18.5.
I have AGO's break even point at $94.50 mark, which is only 5.5% away.
If you are keen, then buy the rise, not the dip.
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