AGO
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0.00% 4.5¢ atlas iron limited

Iron ore price, page-771

  1. col69
    15,440 Posts.
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    13/12/16
    13:58
    Post #: 21301355
    Don't get me wrong - I am a believer and holder in AGO, however the announcement says:

    "NET" Debt reduced to a$89Mil .... big difference to debt.... My understanding is that net debt means debt less cash in bank ..........

    I do however believe your comments that AGO is starting to build a 'war chest'

    Happy to be wrong, but I think you will find that this is the correct scenario.....
    AGO Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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