AGO 0.00% 4.5¢ atlas iron limited

There is a gas pipeline nearby which they could source from and...

  1. 5,209 Posts.
    lightbulb Created with Sketch. 3267
    There is a gas pipeline nearby which they could source from and there are also several stranded gas fields in the inner reaches which could be developed if they were to build infrastructure inland which would be ideal. If looking at only the transportation options they would however be better off building the infrastructure near the coast as with a range of 1200km the likes of the Nikola motors trucks would not need inland refuelling.

    The benefits of an inland hydrogen production plant would be outside of transportation, many iron ore benefication processes use hydrogen to upgrade and produce high grade value added iron pellets, obviously upgraded iron fetches a higher price and would cost less to transport.

    Hazer is actually one of the few companies that I expect will outperform AGO this year and I'm pretty confident that AGO has 10c plus ahead..
 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.