AGO 0.00% 4.5¢ atlas iron limited

bhp > ago potential rail deal, page-7

  1. 10,494 Posts.
    I have a feeling that AGO may soon announce (after the rail deal is done) a huge upgrade of DSO resources in the ex-Warwick tenaments.

    With a inked rail deal and massive discoveries aroun Newman (should be of no surprise to anyone really), I think a spike to $5 is possible (especially if Ridley is sold).

    It makes sense that the Ridley proceeds are to be used for mining construction for the South Pilbara deposits.
 
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