Load of rubbish consolidation
If iron ore has a price decline it's over
Totally dependant on iron ore to stabilise for at least a year above
$80 and above for this company to get back to where it was not a fake 10 for 1 to prop it up
Only when rail is in place do you consolidate then you have a low cost operator not heavily dependant on iron ore price
Consolidation now will completely destroy this company completely
Don't you think the fund managers know this
AGO Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held