AGO 0.00% 4.5¢ atlas iron limited

consider, page-16

  1. 139 Posts.
    Blowy,
    Please check AGO's "Pilbara Operations Update" announcement on January 6th, 2011. Atlas has increased its cash reserves from $108M in September 2010 to $171M in 6th January 2011, without achieving its targeted quarterly production rate yet. Considering increased rate of IO price and production, Atlas can easily be considered as cash cow.
 
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