AGO has lagged other small iron ore players, when the December quarter results are relaesed in January it will be Nett cash positive, so for the first time in years its books will be in the black, more cash the debt....This lithium deal is another step forward, if Iron ore prices stabilize and remain roughly at current prices AGO will be a much stronger company in 12 months.....Its still cheap enough to accumulate at this level its been consolidating around this levels for the last 12 months.....that is a good signal...I think once a couple of institutions jump onboard the price will take off, 1st leg up Target .045 to .050 then 10 cents......
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Dec Quarter and Lithium Deal
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LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
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