AGO 0.00% 4.5¢ atlas iron limited

had $143 mil in cash, then $100 mil now $95 , page-3

  1. 6,072 Posts.
    Hi stocker,

    There is no hard evidence yet that AGO is operating at a profit. No opportunities will be lost if you can wait a little longer for some "real" financial information like the December quarterly cash flow report and even the Half Year Accounts. These are due 31 January 2009 and Feb/March 2009.

    No-one really knows whether Atlas is selling at a profit or not. What is implied in an Announcement is not always the actual fact.

    No off-take agreements guarantee a profit on the sale of their iron ore.

    So in answer to your question......"is there any info out there to report the figures?".....as yet none.

    You might have gathered that I am not liked on this forum as I continually question AGO's profitability.

    Hope this helps.
 
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