AGO 0.00% 4.5¢ atlas iron limited

Ann: Turner River Hub to play key role in growth , page-5

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  1. 23,615 Posts.
    lightbulb Created with Sketch. 30
    re: Ann: Turner River Hub to play key role in... A new $178m required for the Turner hub.
    With only $140 m in the tin, and no profit to speak off for next year.

    With no profits, how is this to be paid for?
    More equity, more shares, and the sheep line up.

    Was this part of the AXO takeover documents?
    Did AGO management know of this in the preparation of the AXO documents?

    And the AGO holders jumped on me when I said another raising was in the offing. ( 5/8/2010 post - Albeit for a different reason ).

    Come in spinner!

    DYOR


 
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