In today's West Australian: "Ago may have missed its self imposed deadline to do a deal over its Ridley magnetite project by the end of March but a deal is still expected to be done sooner rather than later"..."with the sale price likely inflated by sentiment in the sector and rumors last month that a consortium headed by India's NMDC offered $230m for the 70% of the project Atlas wants to sell.Most analysts had previously suggested Ridley was somewhere between $100m and $150m. Now some are talking closer to $200."
AGO Price at posting:
$2.78 Sentiment: Buy Disclosure: Held
