AGO atlas iron limited
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Ann: Investor Presentation, page-2

  1. Matt747
    10,494 Posts.
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    11/12/14
    09:07
    Post #: 14442880
    AGO cost reduction results are impressive.

    The stock is so highly leverage on the spot IO price (with AUD around $UD 0.83) and (falling diesel fuel cost), that on the resumption of Chinese restocking (Oct & Nov imports falling on destocking), the AGO sp would go through the roof.

    If the Chinese acting unexpected and start restocking (rather than late Feb) in late December, then it would be extremely interesting how may shorts will get burned.
    AGO Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 22  Upvote
    lightbulb Created with Sketch.  Great analysis
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