Iron ore price, page-1021

This in my opinion is a prediction of events that will transpire over the next 6 months. Nice and simple for posters who may complicate things.
1. AGO will report on 60-80 mil profit this quarter. SP will go to 4-5c
2. By March 2017 they will have 0 debt with increasing cash. SP will be 7c - 10c (which is 1$ per share equivalent before all this negative dilution and near death happened in 2015 - early 2016)
3. By June 2017 they would have progressed the Corrana expansion (with its profits) while exploring diversication potential.
4. This is when I believe a good time is to consolidate. 10:1. This will bring the SP back to its 1$ plus value from here on in. Ample time for LT investors to reposition for a new Atlas.
5. The rest will be history into a new beginning of a LT commodity bull market with solid growth as the world modenises and continues to urbanise as populations increase and needs also increase for bigger and better.

History is history. Investors had the opportunity to averaged down at absolute lows (when doom was casted it's darkest at the end of 2015 and early 2016) to make healthy profits the time AGO decides to consolidate. Yes you will hold a tenth the number of shares from now but that's investing. Now, it's all about mining company money making machines. Apart from the big 4, Atlas is one of the lowest cost marginal IO producers in the world. This company will make a motsa on IO and I have no doubt will explore diversication potential which is very interesting. All the naysayers can drop their jaws when in the future Atlas does the inevitable as a survivor and it's rightful place as a local competitive true blue aussie IO miner. AGOs new MD is perfect for its positive growth and transition and I welcome him.
Human evolution and commodity cycles in play. Doom is done, bulls are only now beginning their long charge down money making way. Shorters step aside.
Got to get into it to win it. Good luck all holders.