AGO
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0.00% 4.5¢ atlas iron limited

Ann: 2017 Annual Report to shareholders, page-31

  1. ToeTapper
    235 Posts.
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    22/09/17
    14:01
    Post #: 27397383
    AGO will produce more when IOP is high and produce less when price is low. That's part of their strategy. Last Q is a very tough Q, AGO still make 9M. It's mission impossible for AGO to go bankrupt.

    If AGO go bankrupt , the situation must be nasty. BHP will drop back to $16 again.
    FMG will drop below $1.
    We will embrace another round of GFC or the 3rd world war.
    Last edited by ToeTapper: 22/09/17
    AGO Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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