AGO 0.00% 4.5¢ atlas iron limited

possibilities, page-19

  1. 9,499 Posts.
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    Hi guys,

    According to the big boy(BHP&RIO) we will have high iron ore price with us for at least the next 2 years before they will go lower due to new supply hitting the market.

    And that ofcourse if these new supplies will hit the market within that time frame.

    So AGO has certainly the right strategie in place, by getting as much iron ore on the ships NOW.

    They will make a lot of money in the next 24 months alone and since we have no debt to re-pay , some of this money will be able as divident or and share buy backs to benefit us shareholders.

    And next to the possible dividents we will see a higher shareprice attachted to AGO to reflect the value of its earnings and its Cash in the bank.

    This company is as close as a no brainer can be imho.

    Lets hope it will stay like this and that we as shareholders all may reap the rewards.

    Good luck

    jojo
 
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Currently unlisted public company.

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