aud to hit $ us85c, page-4

It will rocket up once the dust settles when the numbers are plugged in factoring the new paradiagm exchange rate. Also the FMG rail deal (hope no hiccups) will be a major de-risking milestone.

Right now the market is taking advantage of fear. You can benefit too by buying.

Main thing is AGO is not debt laden and can't be held hostage to a Cap Raising. If FMG can utilize the AGO South West Creek allocations before AGO is ready to use it, then AGO can expand at leisure without risking use-it-or-lose-it.

All good things take time.