AGO 0.00% 4.5¢ atlas iron limited

Their credit lines are tapped out. I think 10 cents and lower...

  1. 1,404 Posts.
    Their credit lines are tapped out.

    I think 10 cents and lower might happen at the end of the year if the I/O keep at this level.

    This baby arent making a profit at the current I/O price. Shipping and transport may have gone down.

    But this is close to call.

    very low cash in bank.
    Cant pay bills
    .... if creditor make a call on this company is it game over ?
 
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Currently unlisted public company.

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