turn off your screen and walk away, page-7

Matty,
The market is valuing AGO at what is, not what could be, it gave up on that when no rail deal was done ages ago, it may also be factoring in an expected loss of production due to wet weather.
There's been too many surprises to trust AGO ie. write downs, break downs and suss accounting practices.
As of 3/jly there were 41,029,887 reported short positions, they went up a couple of million from the previous 2 days, now you know these will work in our favour when sentiment turns but they have to announce a contracted rail deal, not an ambiguous agreement that the market wo'nt trust.
I'm holding and I've got plenty.