AGO
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0.00% 4.5¢ atlas iron limited

Ann: Trading Halt, page-33

  1. col69
    15,402 Posts.
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    13/06/18
    11:43
    Post #: 33676729
    https://www.asx.com.au/asxpdf/20180613/pdf/43vqw0m3t3q95q.pdf

    IMO this is an indication that MIN are prepared to give AGO a miss now? Also the previous MIN announcement on the day of FMG 19.9% holding in AGO also stated this (8th June 2018):

    The Company confirms that MRL’s existing ore reserves are sufficient to underpin the business case for delivery of the Pilbara Infrastructure Project.

    If MIN's existing ore reserves where sufficient then I have two questions for MIN;

    1. Why buy Cliff's IO resources, infrastructure ? ... and

    2. Why make an offer to AGO?

    Games Games Games Games being played ......... LOL

    All IMO but he knows he cannot compete with the likes of Gina and Twiggy ......
    AGO Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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