AGO 0.00% 4.5¢ atlas iron limited

ago operating cash flow positive?, page-29

  1. 5,694 Posts.
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    If AGO smells fishy, you can basically discount 95% of all stocks on the ASX.

    Seriously your MQG and RIO aren't travelling to well either if you haven't noticed, with mountain loads worth of debt to juggle.

    What are the facts about AGO:

    Recently became a producer FACT
    No Debt FACT
    Good management FACT
    Commodities on the rebound FACT
    80 million cash in the bank FACT

    They are all ticks in the right boxes. You have to way up the risks and AGO has much less than so many of it's peers and almost any other stock at the moment IMO.

    If AGO is too risky then stick to your BHP's and CBA's and don't preach your low risk profile to everyone on here trying to sound like your some sort of phreakin nest egg messiah.
 
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Currently unlisted public company.

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