AGO 0.00% 4.5¢ atlas iron limited

we got our port acess with FMG for basically nothing, a non-core...

  1. 807 Posts.
    we got our port acess with FMG for basically nothing, a non-core magnetite asset at Abydos. BCI had to give away half of their project, but basically they had no choice. With Utah in the pipeline AGO will be less dependend on FMG to ship small volumes but very much reliant on them if they want to ship there target volumes.

    This isnt the place to discuss the BHP-Rio JV but i must say that im positive on that front as a holder of BHP. For AGO however things will be looking very much up and they are a good case for setting conservative goals and then over-achieving on time and under budget. Very exciting company
 
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Currently unlisted public company.

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