AGO 0.00% 4.5¢ atlas iron limited

AGO vs AGOO, page-7

  1. 6,565 Posts.
    lightbulb Created with Sketch. 150
    Isnt one of the biggest costs for AGO is that they are still trucking a high volume of their ore to port rather than use rail. Wasnt there a consortium to looking at sharing the cost of infrastructure...where is that at...they need to reduce their costs and investing in rail infrastructure may do this longer term...

    I don't think AGO will go under provided they continue to ramp up production, maintain and implement a cost reduction process, and most importantly continue to maintain their customer base....easier said than done...it is going to be a tough couple of years though...
 
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.