Oh Dear. What am i reading.
Cash is king yes, but Profit it the emperor, well when Colin is not playing that role. This will only retire AGO's debt.
They still need to reduce their cost base per tonne and hope for a rise in IO prices.
Their value is in their earnings potemtial, not their balance sheet.
- Forums
- ASX - By Stock
- AGO
- Ann: Landmark Deal On Costs - Mining Back On
Ann: Landmark Deal On Costs - Mining Back On, page-66
-
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)