Australia's largest stock trading and investment forum Australia's #1 stock forum

AGO

Click for more information

0.00%

4.5¢ atlas iron limited

I think you nailed it. Debt reduction is fine, but where is the...

First 144 Last

Share
Profile

Follow
dIETZr

431 Posts.

01/03/17

21:45

Post #: 23026082
Share

Originally posted by Hingdog ↑

While I'm sure that risk factor is playing a part in holding back the SP, I tend to think it's probably the forecast reduced production through till CD comes on line properly and output ramped up ... so there's a fair period where AGO won't be fully exposed to the increased iron ore price due to their reduced production. Thoughts?

(I can't find right now where I read that production was reducing over the coming year or so but I'm sure I did?)

Expand

I think you nailed it.

Debt reduction is fine, but where is the future of this company if they are running out of things to mine. Just look at the reserves!! The market is always looking forward and this is priced in.

AGO Price at posting: 3.6¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

MGU

New results confirm Buena Vista's iron grades potential

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

There are more pages in this discussion • 43 more messages in this thread...

First 144 Last

Add AGO (ASX) to my watchlist