Bottom Call

I call a bottom at 13-14c.

its hovered at this sp for a few days, read some calling it to 10c or liquidation while io bulls calling massive rebound 2015. Depends on us$ and IOP rebound, its priced at a loss, ridicoulously low MC v FMG RIO on a tonnage output and income basis.. on valuation its trading at a fifth of FMG RIO per tonne salespa so AGO has been a trading stock, shorters have had a field day.

It has to rebound eventually, it wont go bust, its income is too large and its debt is too low for that imho. The risk of default is priced in but the sector has not collPsed, look at the io majors, io is a highly profitable industry if costs are below spot price received. Iop rebound last week and us$ not rocketing but stopped upswing, gold and NP rebound is showing signs of general rebound in commodities, the armageddon trade is over.

I bought in again at 62c n 33c so I am trying to pick a bottom like everyone but looks like a floor is in here.