AGO atlas iron limited
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IO at $60 is coming ..AGO can pop, page-18

  1. gonegassed
    13,783 Posts.
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    02/03/16
    19:41
    Post #: 17169959
    US home construction is Increasing .
    .Car sales at record levels
    Infrastructure Spending
    Will boost Futures Prices to a level that helps all small producers..find a market.

    The big 3 will need to sacrifice market share to the Minows.. in exchange for Higher Margins on Steady production.. ie; No Expansions for a few years.

    Leaving any uplift in Demand satisfied by the Minnows ..with little effect on the IO price.

    Minnows are price takers ..the big 4 are Price Makers... rgey can hold IO at 65 all day long ..if they choose to ..thru Capex projection updates maintaining steady production .
    Last edited by gonegassed: 02/03/16
    AGO Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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