AGO 0.00% 4.5¢ atlas iron limited

Ann: Appendix 3B-AGO.AX, page-31

  1. 1,563 Posts.
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    wow the PR machine is really on guard these days.

    According to the WA state budget, they are selling off Fremantle and Pilbara Ports. The new owner will continue to give charitable rates to AGO?

    There is also abundant primary mine capacity in Lithium, much of which is idled. About 30% overcapacity at present. No more lithium wannabes are needed. Lithium is going through a spike. These minor metals like Moly, Tungsten, Tantalum and Lithium go through a spike-crash-shakeout pattern and can overnight h=go from a balanced market to an acutely oversupplied market. They sucker in their share of gullible investors who just don't want to hear truths about how minor metal markets work.

    Then there are the brines. Honestly anyone who thinks a hard-rock lithium startup (especially in Australia) has any long term competitive advantage has rocks in their head.
 
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