Australia's largest stock trading and investment forum Australia's #1 stock forum

AGO

Click for more information

0.00%

4.5¢ atlas iron limited

Into 2017 and beyond, page-50

First 50 Last

Share
Profile

Follow
mechanic

2,378 Posts.

658

04/10/16

10:42

Post #: 19601420
Share

Originally posted by asx_dude ↑

AGO upside imminent following the next positive quarterly?

It's time the market finally acknowledged that AGO:
1. Will survive and remain in the Pilbura with globally competitive low costs supporting local industry with government support.
2. Is now a cash cow generating at current IO prices 30-40 million profit per quarter. As IO continues to trend upward LT, debt will be cleared even more quickly.
3. Has options to cut costs further and has a good history of working out innovative ways to do so.
4. Has strategies in place such as hedging IO to ensure that steep ST rises in IO are capitalised, and sudden drop impacts are minimised.
5. Has large tenements and resource options for future growth. No different to any other leading producer who has similar challenges.
6. Has Lithium potential.

At 1c the market can't keep beating the same drum of AGOs assumed demise. AGO is a survivor (who learnt it's lessons) and profitable company which has not only turned the corner, it's now putting the acceleration down to leave naysayers behind in a dust cloud with investors all aboard.

Expand

there are 100million plus on the ask and not many on the bid massive trading desk play to keep a lid on it

AGO Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MTL

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

AIZ

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

NWH

NRW Holdings voted Wealth Within's hot stock tip

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

KSN

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

There are more pages in this discussion • 86 more messages in this thread...

First 50 Last

Add AGO (ASX) to my watchlist

SPONSORED BY