haematite, the rail deal (with QR obtaining a minority stake in TPI) will unlock the value of AGO much more than it did for BCI.
Good thing is AGO is already a producer with 12MTA trukcing alone provided ample cash flows especially when IO price stays high.
The SouthEast tenemants is where the higher grade resources is (as well as the potential for MUCH larger Resource / Reserves to be defined).
The SE is the company maker IMO.
I know Dave Flanagan's remark about AGO being a $30 stock is a big optimistic but AGO's value will be MULTIPLIED in the years ahead (provided we don't get taken hostile low-balled).
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huge re-rating coming !, page-35
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