AGO 0.00% 4.5¢ atlas iron limited

undervalued, page-6

  1. 9,505 Posts.
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    Hi profit taker,

    I agree with your post. The magnetite project has so far not unlocked any value , but will do so once an partner is introduced.
    How much could we attach to this deal????

    It could be anything from $1 to $3 imho depending on the deal.
    AGO tries to add as much value to the magnetite project as posstible to get the best outcome and because of this have not made a deal as yet.

    Looking at the huge increase of the iron ore price, they have followed a smart way by not signing an agreement in the earlier stages of the project.

    AGO is going in my bottom draw for some very good reason....

    jojo
 
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