AGO 0.00% 4.5¢ atlas iron limited

Agree Jojo. I hold BRM, FRS, IOH, BCI and a large bucket load of...

  1. 10,494 Posts.
    Agree Jojo. I hold BRM, FRS, IOH, BCI and a large bucket load of AGO. AGO has immense upside potential. I am as inspired by DF about AGO as I have been by Twiggy in FMG.

    AGO is now a producer shipping (and has port capacity to grow). The market will sure take notice once the profits are banked month after month (not merely another feel-good Powerpoint presentation about a future story). The reality is there are only 4 IO producers in the Pilbara and AGO is one of them.

    Rail is only half the story, port capacity is the real bottleneck that determines whether ore simply gets shipped to clients for real $$.

    As for rail, I am hopeful that the NWIOA can strike a deal with FMG to extend FMG rail to the South Pilbara or in due course BHP opens up access of the Newman line to the juniors. The Warwick turf will unlock the true potential of AGO. If a rail solution is found, AGO may just become a 30MTA IO miner. Good lord, SP must be $10 + by then for sure !



 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.