AGO
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0.00% 4.5¢ atlas iron limited

At this price I'm buying an 'IPO' with established networks and...

  1. hektikkk
    594 Posts.
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    21/11/14
    21:11
    Post #: 14333323
    At this price I'm buying an 'IPO' with established networks and port facilities, huge reserves and solid output. Remember all in cash costs are less than $69/ton excluding interest. Currently spot is above $70. Plenty of cash in the bank to keep it going for a while in a negative iron ore cycle. Long term AGO will survive or consolidate in some form. All the best investors.
    Last edited by hektikkk: 21/11/14
    AGO Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 17  Upvote
    lightbulb Created with Sketch.  Great analysis
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