below $1.00, page-9

Gindaldan

Just an observation. Maybe you wouldn't be flamed if you didn't make such big calls without backing them up with facts. From reading this forum myself I note most are more interested in the Fe price and the value of the $A and what is happening in the macro area, and what the company itself is doing.

So to say "AGO's margins are not good when iron ore is 110-100 a tonne. Above $1 is expensive if (more like when) iron ore retreats."

That's are broad stroke with no qualifiers, such as what volume are you assuming for Fe export, what cost of production, what $A dollar value.

Its fine to say what you say but qualify it with what your assumptions are based on.

Then maybe you wont be howled down.