AGO 0.00% 4.5¢ atlas iron limited

Just to throw another thought into the mix.Aurox have a market...

  1. mdc
    276 Posts.
    Just to throw another thought into the mix.

    Aurox have a market capitalisation of $50 million.

    If we are going to lend them just under $14 million interest free does it not make more sense to take that stake as a percentage of the company which is roughly 35%.
    Of course that percentage does not have to be fully realised but you get my drift.

    As we have $148 odd million in cash we could do worse than move in on Aurox.
 
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