Certainly is the most promising detail so far and I am glad we are finally making progress. But I do believe that the cost of using the rail will be higher than we all would like. Note they detail 'financial return' over 'production alone'.
Will have to wait and see I guess, but this has been a fear of mine since early last year. Oddly, AGO would have been best served if the Iron Ore prices didn't recover quite so quickly last year - leaving the likes of FMG in a much more desperate need for a deal.
A great quarterly overall and given the number of AGO shares I have and the price I paid, I hope I am proved wrong. I need about $2.20 to break even.
Certainly is the most promising detail so far and I am glad we...
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