AGO 0.00% 4.5¢ atlas iron limited

Ann: Variation of Takeover Bid, page-81

  1. 1,252 Posts.
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    I already stated that not much is known about quality of Ridley ore. I don't believe in presentations, especially old ones.
    There may be value in Ridley, as it is, you wouldn't be able to rise any capital for the mine/processing plant development and we talking about billions.

    Regarding GRR, I bought the stock then sold it with a nice profit, then bought it again and next week l would be selling 1/3. In the meantime collected div twice.
    I am selling because the mine is geologically unstable. Profit at a risk.
    Thinking about MGX, very high quality IO, share price covered by cash in the bank, short life of mine, not producing yet, fixing collapsed seawall.
 
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