AGO atlas iron limited
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I am just going by what the brokers are saying is the current...

  1. shakattack
    1,167 Posts.
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    13/06/14
    11:32
    Post #: 13520518
    I am just going by what the brokers are saying is the current discount for low grade stuff. However, since then (and from the relative movements in 58% Fe index to 62% Fe index) it appears the discount that the brokers have suggested may be on the high side.

    If AGO has indeed locked in lower discounts, then there is further upside. However I would not count on anything being "locked-in" with Chinese buyers

    DYOR
    AGO Price at posting: 59.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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