Australia's largest stock trading and investment forum Australia's #1 stock forum

AGO

Click for more information

0.00%

4.5¢ atlas iron limited

Ken needs to go he hasn't got a deal done for rail the Port...

First 5 Last

Share
Profile

Follow
hotlegs8693

432 Posts.

27/08/14

23:32

Post #: 13884124
Share

Originally posted by baggins ↑

Sadly I agree I lost a lot of money on MMX due to infrastructure problems once more then I got it all back on AGO until labour introduced the minerals resource rent tax since then its been up and down but slowly further down. The train or lack of it was MMX's achilles heel now does that sound similar?

I dont know what is going to happen with AGO but I am out now I have tried a few times thinking its going to look up but now I have given up. They say next year will be better but so will a lot of other companies be producing by then so if there is no rail solution then who knows the port allocation may be taken off of them I would hate to see that as AGO had so much promise. I hope it comes good for shareholders its been stressful especially if you had bought in over $3 like me.

Expand

Ken needs to go he hasn't got a deal done for rail the Port access they claimed once was worth $$$ alone the market doesn't care they don't value it.
to many shares on issue by taking over other people's project & paying with paper.
Get someone like Alywyn guy from IOH he knows how to make deals & keep the cash flowing using other people's money.
Ken could learn a thing or two from him why not recruit him & cut the ex Rio fat from AGO.

Cheers
hotlegs

AGO Price at posting: 61.5¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

First 5 Last

Add AGO (ASX) to my watchlist