AGO 0.00% 4.5¢ atlas iron limited

Ann: Atlas signs debt restructure agreement, page-92

  1. 9,779 Posts.
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    Blythefan
    thanks for the backhanded appreciation!
    I am not associated with anyone not even nada! Im a familyman with 4 kids with large assets & have predicted the script that you DHs didnt want to see or hear.

    I predicted this months ago, but you werent listening, beholden to the chorus of tinbangers on here. There is no way AGO was ever closing or liquidating, the Liberals, BGC, WA Govt wouldnt allow it.

    I predicted a creditors deal, I predicted the CR, I predicted restart & ramp of production, I predicted sharp drop of COP x2, I predicted a spike 2c to 3.3c, I predicted this beautiful shortkilling flatline, I predicted an IOP rebound..yes I got some wrong too, but now the real question is that no one can answer yet:-
    - who are these buyers, 22M bought today, 950M since relisting?
    - where are all the sellers? All 3,200,000,000 of them?
    - will the SP spike to 44c like MBN did?
    - can AGO slash COP to below $50 AUS or $40UST?
    - can the AUS$ drop further?
    - can the IOP rebound as controlled by 4 producers who are non chinese! 3 are Australian. AF already told them what they need to do, 29MTpa cut from supply in brasil and likely another 50MTpa slated for inspections, rolling shutdowns, strikes, safety works etc
    - are brasilian mining inspectors useless or corruptable even now?
    - will steel demand globally reduce in the asian century? NFW !

    I only predict the script, so here is my latest:-
    -IOP to rebound sharply like 2013
    - AGO survives & prospers with a SP spike some point
    - AGO drops COP & debt & expenses even further with cooperation of ALL creditors, contractors, govt tax collectors, chinese buyers
    - deal between FMG & AGO next year
    - large new subholder announced, maybe chinese steel mill or AF FMG or xco.

    You downrampers from the dark side have had a great run for 2 years, so sooner or later the light & the force will prevail. Its inevitable, bc the WA Govt & WA people & friendly bankers are behind it. Reread the script!
 
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