AGO 0.00% 4.5¢ atlas iron limited

take over giralia, page-60

  1. 2,388 Posts.
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    far strategy lads buying atlas's target... only risk is the deal falls through.. unlikely but it can happen

    Atlas as a T/O target? very possible, but i would not bet on it any time soon, even with GIA, still too small in terms of annual haulage,
    BHP yes could come to mind as a suiter, cashed up and fixes their lack of a JV with rio... not likely though.

    Atlas will do great in time, for me the next explosive leg up will come from selling one of both of the Mag projects.. hopefully next year some time .. massive amount of free cash will be injected into the business.


    as a longer term GBG holder MAG is only now starting to be understoood and liked by the investing community

    good luck.

    snake
 
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