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4.5¢ atlas iron limited

In my opinion I'm not expecting a hell of a lot until Glencore...

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lynedav

251 Posts.

15

21/02/17

16:51

Post #: 22786637
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Originally posted by pplion ↑

Interim/half yearly results discussion: what would you most like to see in, or hear about in, tomorrow's results?

Personally, I would most like to hear about plans to reduce the costs of production to start edging closer to the big boys like FMG in terms of cost base. IMHO will be the key issue in the second half of calendar 2017.

Picking up on comments from other threads, I am supportive of the decision to go ahead with CD to secure supply over the long term with cash flow. This will help lock in longer term investors and big money once the AsX300 (and eventually 200) re rates occur. The $5m shares issued as part of the deal will be a pittance if and when the SP pushes twoatds 10c.

What are others expecting or hoping for tomorrow ?

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In my opinion I'm not expecting a hell of a lot until Glencore finish selling into the market.
Like most other holders I'd love to be proved wrong though.

AGO Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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