AGO 0.00% 4.5¢ atlas iron limited

Ann: Financial Update, page-107

  1. 12,102 Posts.
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    boycott,   not sure what you mean by this outburst "i think GRR fundamentals look bleak, with no potential to realize."
    I would say that GRR offers far better value than AGO.  Iron ore pellet premiums are above US$42/tonne.   Grange receives the highest price for iron ore produced in Australia. GRR currently has about $200 million in the bank and pays dividends.
    AGO is good when IO prices are very very high however that is not the case now.  I have been slowly selling all my AGO and diverting the funds in manganese ore miners and GRR.
 
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Currently unlisted public company.

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