Once the average price of the IO sold is confirmed for the quarter (as per the quarterly) and the spot price steadily rises (as I expect) in April, the short covering will be swift.
Encouragingly, the low-grade stuff (otherwise goes into the rubbish) now is shipped to China (thanks to India shutting down the domestic IO mining mess).
I'd much rather Flanagan and Brinsden stay focus on the business rather than being distracted by the market volatility.
AGO Price at posting:
$1.08 Sentiment: Buy Disclosure: Held