Going no where is the clue!!! In addition to MD's buy.

First 50 Last

Share
Profile

Follow
badhan

3,978 Posts.

171

19/09/17

23:29

Post #: 27328980
Share

Originally posted by Samboy69 ↑

now now boys, BEHAVE yourselves!

All that inappropriate vitriol just shows that you are too emotive and too highly geared in AGO.

AGO was 1.8c on 14 April
1.8c on 17 August
1.8c again today 19 Sept, gone nowhere 5 months and counting, that is the reality.

Hartleys "positive report" predicting 3.9c TP yet the fine print financial projections reads badly as a disguised sell recommendation with negative -$11Mper Q cashflow losses and negative NPAT for the next 18 months.

If Hartleys are right we will see this in Q1 with weak cashflow more like I predicted of $5-9M rather than $20M+ but how they come up with -$45M cashlosses for 2018 FYR is really a doosy.

Say AGO makes +$9M cashflow in Q1 then that means Hartleys are predicting a cashflow loss of $56M for the remaining 3 quarters ie -$18Mper Q, now thats a stunning bearish call that not even I nor anyone on here is calling. They must think the costs will go higher and IOP will drop away & the next mine startup will overblow costs. The most stunning call in their report is a reduction of $290M in annual sales revenue and staying down to that level for the next 2 FYRs! Thats really hard to take for me let alone you guys.

How is it that Hartleys have called this projection for the next 18 months, what do they know or see that most of you rampers on here dont?

The Hartleys curse is real, dont ignore it, they did it before to AGO & SIR and will do it again. Just wait and we will see.

Expand

Going no where is the clue!!! In addition to MD's buy.

AGO Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply