AGO 0.00% 4.5¢ atlas iron limited

anz tips benchmark prices to rise by 40%, page-4

  1. 6,019 Posts.
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    Ok but how much profit will AGO make at 6mt IO production by year end at cost between 40-50/t?
    A short term goose flesh gut instinct will cost you by year end but i cant knock someone who takes a profit after that 20% run and nothing stops you reentering if it does go down as you feel.
    I still feel 2.05-2.10 will be the level as its about 50% retrace from the recent low to high of 2.34.
    Thats my gut.
 
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