AGO 0.00% 4.5¢ atlas iron limited

Broker Data, page-18

  1. 3,062 Posts.
    well the mighty USA are likely to have a FED rate increase this year, hopefully our Aussie dollar will pullback making I/Ore a lucrative proposition particularly if it is propelled by an improving US economy then the symbiotic relationship between consumer demand in the west and expanding Asian economies will be well served, taking into account production cutbacks hopefully we will see ,contrary to the forecasters who never clearly state their rationale, we will enjoy above $50 per tonne which should keep AGO and other producers buoyant.
 
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